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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ansal Housing has received an order from the Assistant Commissioner of Central GST, Division-III, Ghaziabad, demanding Rs. 1,82,96,768 (approximately Rs. 1.83 crore) for financial year 2018-19. The tax authority has alleged that the company availed excess Input Tax Credit (ITC) because it failed to reverse the proportionate ITC related to its exempt supplies, as required under Section 17 of the CGST Act and Rule 42 of the CGST Rules. The order was received on 8th January 2026. The company has stated that there is no material impact on its financials or operations. It is in the process of filing an appeal against the order.
The demand amount of about Rs. 1.83 crore is relatively small for the company, and management claims no material impact. However, the stock may see mild negative sentiment due to the tax dispute; investors should watch for the appeal outcome and any further demands from tax authorities.