Announced Sun, 28 Jun · 13:10 IST
JK Cement subsidiary gets GST order, small demand confirmed
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JKCEMENT · 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
-2.4%1-day move
₹5555.00
prior close
₹5577.00
base price
After-mkt
timing
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AI summary
JK Cement's wholly owned subsidiary JK Maxx Paints received a GST order from the Additional Commissioner of State Tax, Patna dated June 27, 2026. The original demand of about Rs 33.3 lakh was dropped, while only Rs 49,512 in tax plus Rs 20,000 penalty was confirmed due to mismatched input GST credit. The company says there is no major financial impact and will appeal before GSTAT within 3 months.
Likely market impact
Minimal financial impact as most demand was dropped; appeal planned. Likely negligible effect on the stock.