Announced Fri, 24 Jul · 18:44 IST
Skipper wins GST appeal; Rs 10.21 crore demand dropped
Regulatory & Legal View source PDF
SKIPPER · price
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Price reaction · full curve 14 horizons · vs prior close
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₹528.05
prior close
₹534.00
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AI summary
Skipper Limited said the Principal Commissioner (Appeals) CGST has set aside the tax department's appeal against an earlier order that dropped a Rs 10.21 crore GST demand. The original demand was over alleged differences in unbilled revenue for FY 2017-18 and FY 2018-19. The department had appealed against the December 2025 order that had dropped the demand. With the appeal set aside on July 16, 2026, the matter is now closed in the company's favor.
Likely market impact
Positive for shareholders. The Rs 10.21 crore GST demand stands dropped, removing a potential liability overhang on the company.