Nilkamal Limited has informed the Exchange about Action(s) taken or orders passed
NILKAMAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nilkamal Limited has disclosed receiving a final order from the Office of the Commissioner, CGST and Central Excise (Appeals), Ranchi on March 31, 2026. The order relates to a GST assessment for financial years 2017-18 to 2022-23, originally issued by the Deputy Commissioner, State of Jharkhand on February 5, 2025. The Commissioner has raised a demand of Rs. 3,13,313 along with interest and a penalty of Rs. 60,000. The company had previously filed an appeal against the assessment order on April 27, 2025. Going forward, the company will pay the demand amount and file an amnesty application seeking waiver of interest and penalty. The company states there is no material impact on its financial or operational activities.
The demand amount of approximately Rs. 3.13 lakh is relatively small for a company of Nilkamal's size, and the company has confirmed no material impact on operations. The stock is unlikely to be affected by this tax-related order.