Ashiana Housing Limited has informed the Exchange about Action(s) initiated or orders passed
ASHIANA · price
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Ashiana Housing has received an Order-in-Original from CGST Circle-I, Jaipur III, demanding interest of ₹4,18,776 (CGST: ₹2,08,158, SGST: ₹1,98,828, IGST: ₹11,790) under Section 74 of the CGST Act, 2017. The demand relates to alleged delays in filing GST returns and paying taxes for March, April, and May 2020, and for May and December 2021. The order was dated August 21, 2025, and received by the company on August 22, 2025. The company has stated it is exploring legal avenues to contest the order and that there is no significant impact on its financial or operational performance.
The monetary impact is very small (around ₹4.2 lakhs in interest), and the company has indicated no material financial or operational impact. Investors should note that the company plans to contest the order, but the amount involved is negligible relative to the size of the business.