Kashmir tax authority levies Rs 35.52 lakh GST penalty

Regulatory & Legal View source PDF Explain this filing

DOMS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

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₹2497.00

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%+0.3% vs market

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On the reaction day the stock moved 0.3 pts more than Nifty Smallcap 250 and 0.9 pts more than its Stationary peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

DOMS received an October 21, 2025 show-cause notice from the Kashmir State Tax Office on October 22. It alleges goods were transported with inadequate documents under the CGST Act and says a penalty of Rs 35,51,578 was levied. The company responded within the prescribed time and reported no material impact on its finances or operations.

Likely market impact

The penalty is not material, but the tax dispute remains open and may create minor costs or uncertainty.