JK Paper Limited has informed the Exchange about Action(s) initiated or orders passed
JKPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.4 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Assistant Commissioner of State Tax, Delhi has issued an order dated 29th December 2025 against JK Paper Limited under the GST Act, raising a total demand of Rs. 2,53,95,889 for financial year 2021-22. This includes interest of Rs. 96,36,794 and penalty of Rs. 14,32,645, on account of alleged excess claim of Input Tax Credit. The company has stated that the demand is untenable and unjustified, as the officer passed the order without considering the company's submissions and documents. JK Paper plans to take necessary legal action within the prescribed time under the GST Act. The company has clarified that it does not anticipate any material impact on its financial, operational, or other activities.
The demand amount of ~Rs. 2.54 crore is small relative to JK Paper's overall size, and the company has stated no material impact is expected. Shareholders should note the company intends to contest the order, but a final outcome will depend on the appellate process.