GST order demands about 12.9 lakh from Baazar Style Retail

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹271.75

prior close

₹272.95

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-0.5% vs market

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Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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AI summary

Baazar Style Retail received a GST Assessment Order from West Bengal Commercial Taxes Department on December 26, 2025, for May to October 2018 period. Total demand of about 12.9 lakh includes tax of about 3.7 lakh, interest of about 4.7 lakh, and penalty of about 3.7 lakh. Allegation is claiming Input Tax Credit on supplies from suppliers whose GST registrations were cancelled. Company says demand is not feasible and will appeal with First Appellate Authority.

Likely market impact

Minor financial impact of about 12.9 lakh; company plans to appeal. Unlikely to materially affect operations.