Industry Trends

Britannia Industries gets GST order demanding ₹109 crore for FY19–FY24

According to the disclosure, the order covers six financial years from FY 2018–19 to FY 2023–24 and alleges incorrect availment of input tax credit. The tax demanded amounts to ₹108.50 crore, along with an equivalent penalty, in addition to applicable interest. Shares of Britannia Industries Ltd ended at ₹5,999.00, down by ₹32.00, or 0.53%, on the BSE.

Industry Trends

Auto sector outlook 2026: Demand seen sustaining, premiumisation key theme; GST cuts, pay commission to drive growth

After a slow start in 2025, policy support and tax rationalisation helped revive auto demand, particularly in entry-level and commercial vehicles. As the industry heads into 2026, premiumisation, budget-led capex spending and potential pay commission benefits are expected to shape growth, even as automakers grapple with currency depreciation and rising input costs.