Integrated Filing-Governance



General information about company

Scrip Code 500168
NSE Symbol GOODYEAR
MSEI Symbol NOTLISTED
ISIN INE533A01012
Name of the entity GOODYEAR INDIA LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity The Company has no shares or voting rights in unlisted companies. Therefore, Annexure I (Part C) of the SEBI Circular dated December 31, 2024, related to the Disclosure of the Acquisition of Shares or Voting Rights in Unlisted Companies is not Applicable to the Company.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? No
Reason For Part D Of Annexure I Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity No order w.r.t. Penalty or fine received during the quarter ended March 31,2026
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? Yes
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 2000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID G00156
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory (1) The Board in its meeting held on November 06, 2025, appointed Mr. Gajanan Vithal Gandhe (DIN: 02023395) as an Independent Non-Executive Director of the Company for a term of 5 consecutive years effective from January 01, 2026. Subsequently, the Members, vide resolution passed through Postal Ballot December 23, 2025 (i.e. the last date of e-voting) approved the appointment of Mr. Gajanan Vithal Gandhe (DIN: 02023395) as Independent Non-Executive Director of the Company w.e.f. January 01, 2026. (2) The Board in its meeting held on January 07, 2026, appointed Mr. Anil Kumar Singh (DIN: 11368937) as an Additional Director w.e.f. January 07, 2026, and Non-Executive Director of the Company with effect from January 07, 2026. Subsequently, the Members, vide resolution passed through Postal Ballot March 21, 2026 (i.e. the last date of e-voting) approved the appointment of Mr. Anil Kumar Singh (DIN: 11368937) as Non-Executive Non-Independent Director of the Company w.e.f. January 07, 2026.
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Arvind Bhandari 10864817 Executive Director Chairperson MD 20-Mar-1970 No Active NA 02-Jan-2025 1 0 2 0
2 Mr. Gajanan Vithal Gandhe 02023395 Non-Executive - Independent Director Not Applicable 01-Mar-1964 No Active NA 01-Jan-2026 3 2 2 3 1
3 Mr. Sandeep Garg 10360979 Executive Director Not Applicable 06-Feb-1973 No Active NA 07-Apr-2025 1 0 0 0
4 Ms. Uma Ratnam Krishnan 00370425 Non-Executive - Independent Director Not Applicable 18-Feb-1962 No Active NA 07-Jun-2024 22 1 1 1 1
5 Mr. Anil Kumar Singh 11368937 Non-Executive - Non Independent Director Not Applicable 26-Jan-1963 No Active NA 07-Jan-2026 1 0 0 0 Textual Information(1)
6 Mr. Sumit Dutta Chowdhury 02117586 Non-Executive - Independent Director Not Applicable 30-Dec-1969 No Active NA 06-Mar-2025 13 2 2 3 0



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Textual Information(1) Mr.Anil Kumar Singh is an Australian Citizen, therefore PAN No. is not available.



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory The Board in its meeting held on November 06, 2025, reconstituted the Audit Committee and appointed Ms. Uma Ratnam Krishnan as a Chairperson of the Audit committee effective January 01, 2026..The Board in its meeting held on November 06, 2025, reconstituted the Audit Committee and appointed Mr. Gajanan Vithal Gandhe as a Member of the Audit committee effective January 01, 2026.



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00370425 Uma Ratnam Krishnan Non-Executive - Independent Director Chairperson 01-Jan-2026 Textual Information(1)
2 10864817 Arvind Bhandari Executive Director Member 02-Jan-2025
3 02117586 Sumit Dutta Chowdhury Non-Executive - Independent Director Member 27-Mar-2025
4 02023395 Gajanan Vithal Gandhe Non-Executive - Independent Director Member 01-Jan-2026 Textual Information(2)



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Textual Information(1) The Board in its meeting held on November 06, 2025, reconstituted the Audit Committee and appointed Ms. Uma Ratnam Krishnan as a Chairperson of the Audit committee effective January 01, 2026.
Textual Information(2) The Board in its meeting held on November 06, 2025, reconstituted the Audit Committee and appointed Mr. Gajanan Vithal Gandhe as a Member of the Audit committee effective January 01, 2026



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 02117586 Sumit Dutta Chowdhury Non-Executive - Independent Director Chairperson 01-Jan-2026 Textual Information(1)
2 00370425 Uma Ratnam Krishnan Non-Executive - Independent Director Member 07-Jun-2024
3 02023395 Gajanan Vithal Gandhe Non-Executive - Independent Director Member 01-Jan-2026 Textual Information(2)

Text Block
Textual Information(1) The Board in its meeting held on November 06, 2025, reconstituted the Nomination and Remuneration Committee and appointed Mr Sumit Dutta Chowdhury as a Chairperson of the committee effective January 01, 2026
Textual Information(2) The Board in its meeting held on November 06, 2025, reconstituted the Nomination and Remuneration Committee and appointed Mr Gajanan Vithal Gandhe as a Member of the committee effective January 01, 2026






Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 02023395 Gajanan Vithal Gandhe Non-Executive - Independent Director Chairperson 01-Jan-2026 Textual Information(1)
2 10864817 Arvind Bhandari Executive Director Member 02-Jan-2025
3 02117586 Sumit Dutta Chowdhury Non-Executive - Independent Director Member 27-Mar-2025



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Textual Information(1) The Board in its meeting held on November 06, 2025, reconstituted the Stakeholders Relationship Committee and appointed Mr Gajanan Vithal Gandhe as a Chairperson of the committee effective January 01, 2026



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00370425 Uma Ratnam Krishnan ID Chairperson 07-Jun-2024
2 02023395 Gajanan Vithal Gandhe ID Member 01-Jan-2026 Textual Information(1)
3 10360979 Sandeep Garg ED Member 27-May-2025
4 10864817 Arvind Bhandari ED Member 02-Jan-2025



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Textual Information(1) The Board in its meeting held on November 06, 2025, reconstituted the Risk Management Committee and appointed Mr Gajanan Vithal Gandhe as a Member of the committee effective January 01, 2026



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 06-Nov-2025 Yes 6 6 3
2 05-Dec-2025 28 Yes 6 6 3
3 07-Jan-2026 32 Yes 6 6 3
4 05-Feb-2026 28 Yes 6 6 3
5 24-Mar-2026 46 Yes 6 6 3



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 06-Nov-2025 Yes 4 4 3 0
2 Audit Committee 05-Feb-2026 90 Yes 4 4 3 0
3 Nomination and remuneration committee 06-Nov-2025 Yes 3 3 3 0
4 Nomination and remuneration committee 07-Jan-2026 61 Yes 3 3 3 0
5 Nomination and remuneration committee 05-Feb-2026 28 Yes 3 3 3 0
6 Nomination and remuneration committee 24-Mar-2026 46 Yes 3 3 3 0
7 Risk Management Committee 08-Oct-2025 Yes 4 4 2 0
8 Risk Management Committee 24-Mar-2026 166 Yes 4 4 2 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory Anup Karnwal
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes www.goodyear.co.in/investor-relations
1.2 Memorandum of Association and Articles of Association Yes www.goodyear.co.in/investor-relations
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes www.goodyear.co.in/investor-relations
2 Terms and conditions of appointment of independent directors Yes www.goodyear.co.in/investor-relations
3 Composition of various committees of board of directors Yes www.goodyear.co.in/investor-relations
4 Code of conduct of board of directors and senior management personnel Yes www.goodyear.co.in/investor-relations
5 Details of establishment of vigil mechanism or whistle blower policy Yes www.goodyear.co.in/investor-relations
6 Criteria of making payments to non-executive directors Yes www.goodyear.co.in/investor-relations
7 Policy on dealing with related party transactions Yes www.goodyear.co.in/investor-relations
8 Policy for determining material subsidiaries NA
9 Details of familiarization programmes imparted to independent directors Yes www.goodyear.co.in/investor-relations
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes www.goodyear.co.in/investor-relations
11 Email address for grievance redressal and other relevant details Yes www.goodyear.co.in/investor-relations
12 Financial results Yes www.goodyear.co.in/investor-relations
13 Shareholding pattern Yes www.goodyear.co.in/investor-relations
14 Details of agreements entered into with the media companies and/or their associates NA
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet No There has been no analyst and institutional investor meet during the FY 2025-26
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls No There has been no analyst and institutional investor meet during the FY 2025-26
16 New name and the old name of the listed entity No Company has not changed its name during the FY 2025-26
17 Advertisements as per regulation 47 (1) Yes www.goodyear.co.in/investor-relations
18 Credit rating or revision in credit rating obtained NA
19 Separate audited financial statements of each subsidiary of the listed entity NA
20 Secretarial compliance report Yes www.goodyear.co.in/investor-relations
21 Materiality policy as per regulation 30 (4) Yes www.goodyear.co.in/investor-relations
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes www.goodyear.co.in/investor-relations
23 Disclosures under regulation 30(8) Yes www.goodyear.co.in/investor-relations
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) Yes www.goodyear.co.in/investor-relations
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes www.goodyear.co.in/investor-relations
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes www.goodyear.co.in/investor-relations
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes www.goodyear.co.in/investor-relations
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) Yes
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) Yes
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) Yes
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) Yes
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) NA
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) Yes
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) Yes
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied NA
Any other information to be provided



Annexure II
1 Name of signatory Anup Karnwal
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0
Promoter Group or any other entity controlled by them 0 0
Directors (including relatives) or any other entity controlled by them 0 0
KMPs or any other entity controlled by them 0 0
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0 0
Promoter Group or any other entity controlled by them 0 0 0
Directors (including relatives) or any other entity controlled by them 0 0 0
KMPs or any other entity controlled by them 0 0 0
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. Yes
Name Sandeep Garg
Designation Chief Financial Officer
Place Gurugram
Date 28-Apr-2026



Signatory Details
Name of signatory Anup Karnwal
Designation of person Company Secretary and Compliance Officer
Place Gurugram
Date 28-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 1
No. of investor complaints disposed off during the Quarter 0
No. of investor complaints those remaining unresolved at the end of the Quarter 1


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Income Tax Authority 28-Nov-2008 Pending at Delhi High Court. Issue involved: Adjustment on account of Export incentive, Trademark fee payment & warranty expense for the Assessment Year 2005-06 to Assessment Year 2012-13 & Assessment Year 2014-15. No change
2 Income Tax Authority 30-Oct-2017 Pending at Income Tax Appellate Tribunal, Delhi Adjustment on account of various Transfer Pricing matters like Regional Service Charges, Trademark Fee & other Corporate tax matters like Advertisement, Sales Promotion expenses for the Assessment Year 2013-14, Assessment Year 2017-18 & Assessment Year 2018-19 Favorable Tribunal order received for AY 2013-14 in Jan’26. We have received draft assessment order for AY 2017-18 & AY 2018-19 from Tax Officer in Mar’26. Tax Officer has confirmed addition on remand back issues i.e. RSC, payment to GRBS & trading segment. GIL is in process of filing objections before DRP
3 Central Excise Authority 04-Apr-2011 Pending at Customs, Excise and Service Tax Appellate Tribunal, Chandigarh Adjustment on account of CENVAT credit availed on Tubes / Flaps for the period March 2006 – Jan 2011. Customs, Excise and Service Tax Appellate Tribunal vide its order dated October 20, 2023, ruled in favour of Company allowing said CENVAT credit. Further, the Department has made an appeal before Punjab & Haryana High Court against CESTAT order
4 Income Tax Authority 27-Sep-2023 Pending before Assessing Officer Disallowance of certain expenditures amounting to Rs 66.56 crores with tax impact of Rs. 16.75 crores (excluding interest & penalty) listed below for the Financial Year 2019-20 (Assessment Year 2020-21) vide order u/s 144C(1): Regional Service Charge; Trademark fee Business Support service charges Donations made Pending at Income Tax Appellate Tribunal, Delhi
5 Income Tax Authority 29-Dec-2023 Pending before Assessing Officer Disallowance of certain expenditures amounting to Rs 62.07 crores with tax impact of Rs. 15.62 crores (excluding interest & penalty) listed below for the FY 2019-20 (Assessment Year 2020-21) vide order u/s 144C(1): Regional Service Charge. Trademark fee Business Support service charges Advertisement & Sales Promotion Expense Pending at Income Tax Appellate Tribunal, Delhi
6 Excise & Taxation Officer, Faridabad, (South) Ward-5, Haryana 24-Sep-2024 Pending before GST Tax Officer Officer has passed order under section 73 of CGST Act, 2017 for Financial Year 2019-20 pertaining to Haryana location with demand of Rs 2.23 Cr., interest of Rs 1.34 Cr. & penalty of Rs 22.34 lakhs. Officer disallowed the benefit of GST claimed w.r.t. credit notes issued to customers subsequent to supply invoice. Pending at First Appellate Authority
7 Assistant commissioner CGST and Central Excise, Division V, Navi Mumbai Commissionerate 24-Sep-2024 Pending before GST Tax Officer Officer has passed order under section 73 of CGST Act, 2017 for Financial Year 2019-20 pertaining to Maharashtra state with demand of Rs 63.5 lakhs, interest as per section 50 of the CGST Act & penalty of Rs 6.35 lakhs. Officer raised GST demand by disallowing the GST input tax credit alleging that suppliers has not filed their returns. Pending at First Appellate Authority
8 Commercial Tax Officer, Ward 3: Chandigarh 25-Sep-2024 Pending before GST Tax Officer Officer has passed order under section 73 of CGST Act, 2017 for Financial Year 2019-20 pertaining to Chandigarh location with demand of Rs 1.69 Cr., interest of Rs 1.52 Cr. & penalty of Rs 0.17 Cr. Officer raised GST demand by demanding GST on discount amount & not considering credit notes. Pending at First Appellate Authority
9 Superintendent, CGST, Range-V, Division- Dehradun 04-Nov-2024 Pending before GST Tax Officer The aforementioned Authority has passed an order under section 74 of CGST Act, 2017 for Financial Year 2017-18 pertaining to Dehradun location with demand of Rs 4.27 lakhs including penalty of Rs 2.14 lakhs. The aforementioned Authority has raised GST demand on expenditure incurred at its Branded Retail Outlet for Goodyear own business purposes. First Appellate Authority has not accepted the Company Contention. The Company is in the process of filing an appeal before the higher authorities, contending that the capitalised assets qualify for input tax credit (ITC). Accordingly, the Company is of the view that the demand is unsustainable, and therefore, no financial impact is anticipated.