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Radaan Mediaworks wins CESTAT order, overturning Rs 5.32 crore demand for CENVAT credit
07-Sep-2026, 03:38

Radaan Mediaworks India Limited announced that it received a favorable order from the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) in Chennai on September 7, 2026, overturning a previous order and confirming the company's entitlement to CENVAT credit on telecast fees for the period October 2012 to December 2015. The CESTAT ruling set aside a demand of Rs 5,32,43,696, including interest and penalties, related to the denial of CENVAT credit, and resulted in a positive financial impact with no adverse operational or financial consequences for the company.