Announced Fri, 26 Jun · 18:05 IST
Favourable GST appeal order, demand of Rs 21.35 lakh dropped
Regulatory & Legal View source PDF
ASHIANA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹385.40
prior close
₹385.05
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.5-0.7-0.5+3.1+2.5+0.5+1.2-1.4-4.1-3.7———
Up moveDown movePending
AI summary
Ashiana Housing has received a favourable order from the Commissioner (Appeals) under the CGST Act, 2017. The appeal authority in Jamshedpur has dropped a GST demand of Rs 21,35,494 (including interest and penalty) that was raised on the company for short or non-payment of GST in FY 2019-20. The order-in-appeal was dated June 8, 2026 and received on June 26, 2026. The company says no action is needed and there is no significant impact on its financials or operations.
Likely market impact
Positive; a past tax demand has been set aside, removing a minor liability overhang. Amount is small relative to company size.