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Patna High Court Rejects IRCON's Plea, Upholding ₹109 Crore VAT Demand in Ganga Bridge Project
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IRCON faces ₹109-crore VAT demand after Patna HC dismisses plea in Ganga bridge case
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CNBC TV18
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26-02-2026, 18:27
IRCON faces ₹109-crore VAT demand after Patna HC dismisses plea in Ganga bridge case
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IRCON International Ltd received a judgment from the Patna High Court dismissing its plea regarding VAT assessments for the Ganga bridge project.
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The VAT assessments for 2010-11 to 2016-17 resulted in a demand of ₹108.75 crore, now a contingent liability.
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IRCON had challenged the assessment orders and secured a stay on recovery, but the High Court upheld the demand.
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Of the total demand, IRCON has already deposited ₹27.39 crore, with a net outstanding of ₹81.36 crore plus interest.
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The company is reviewing the order and plans to appeal to a higher court.
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