Aksh Optifibre Limited has informed the Exchange about General Updates
AKSHOPTFBR · price
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Aksh Optifibre has received a GST Demand Order dated December 29, 2025, from the Deputy Commissioner-B, Business Audit, State Tax, Rajasthan, for the tax period 2021-22. The total demand is Rs. 5.73 crore along with applicable interest and penalty under the Rajasthan and Central GST Acts. The issues relate to reverse charge mechanism, interest computation, and input tax credit. A substantial portion of about Rs. 4.79 crore stems from a technical system-related discrepancy in GSTR-9 filing, which the company says is rectifiable. The company plans to pursue rectification and legal remedies and believes the matter will be resolved in its favour. Management states there is no material impact on operations at this stage.
This is a routine tax demand that the company is contesting. While the amount is not large enough to materially affect operations, an adverse final outcome could lead to a financial hit. Investors should watch for updates on the company's appeal or rectification process.