Announced Tue, 16 Dec, 2025 · 13:42 IST
JB Chemicals gets Rs 4.01 crore tax demand from UP State Tax authority
JBCHEPHARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
JB Chemicals received a Rs 4.01 crore demand order from the Joint Commissioner of State Tax, Uttar Pradesh, for disallowance of Input Tax Credit during FY 2021-22. The order was received on December 15, 2025. The company says it has a strong case and will file an appeal. Management states there is no material impact on financials or operations.
Likely market impact
Tax demand of around Rs 4 crore is small relative to company size. Company plans to appeal. Management says no material financial impact.