Partial relief in GST TRAN 1 credit appeal, demand cut to Rs 10.6 lakh

Regulatory & Legal View source PDF Explain this filing

UNICHEMLAB · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹533.00

prior close

₹533.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-0.1% vs market

Pharmaceuticals peers, median of 160sector+0.8%-0.5% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.5 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.0

15m

+0.2

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+0.5-0.1+0.8-0.5

Next day

-2.2-0.1-2.1+0.0-2.2

-3.4+1.0-4.3+0.1-3.4

-5.3+2.3-7.6+0.6-5.9

-6.1+2.8-8.9+1.0-7.1

-6.2+4.1-10.3+0.6-6.8

-8.4+4.5-12.9+1.6-10.0

15d

-3.8+4.8-8.5+0.5-4.2

+3.9+6.4-2.5+1.9+2.1

+6.0+5.5+0.5+3.3+2.7

-6.2-1.7-4.5-1.9-4.3

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 160Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Unichem Labs received partial relief in its GST appeal before CGST Appeals, Dehradun. The original demand of about Rs 73.02 lakh on disallowance of GSTR TRAN 1 credit was reduced to about Rs 10.59 lakh plus interest. The company says there is no material impact on financials, operations or other activities, and plans to file a further appeal within prescribed timelines.

Likely market impact

Tax demand reduced sharply from about Rs 73 lakh to Rs 10.6 lakh; no material financial impact, further appeal planned.