Pursuant to the previous intimation dated 18th December 2025 please find attached copy of the order received from Sales Tax Officer - Gandhidham
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Kabra Commercial Ltd has submitted a copy of a Final Notice of Assessment received from the Sales Tax Officer, Gandhidham, under the Central Sales Tax Act, 1956. The order pertains to the assessment year 2015-2016 covering the period 01/04/2011 to 31/03/2012. The company has been assessed a total liability of Rs. 28,51,220, which includes tax of Rs. 8,85,472, interest of Rs. 6,37,540, and penalty of Rs. 13,28,208. The company has been directed to pay this amount into the government treasury within 35 days of receiving the notice, failing which recovery proceedings as an arrear of land revenue may be initiated. The company also has the option to appeal this order before the DC Appeal, Rajkot within 60 days.
The company faces an additional cash outflow of approximately Rs. 28.51 lakhs due to this adverse tax assessment, which could impact its short-term financials. However, the company retains the right to appeal the order, which may reduce the final liability if successful.