Jagran Prakashan Receives ₹32.8 Lakh Demand Order; Plans Appeal
Jagran Prakashan received a demand order for ₹32.84 lakh plus penalty and interest from GST authorities for the period 2018-23. The company believes the order is not tenable and plans to appeal, stating no financial impact.
The total demand, penalty, and interest amount is ₹32.84 lakh, which is a relatively small sum for a company of Jagran Prakashan's scale. Furthermore, the company has expressed confidence in its legal position and expects no financial or operational impact.
The company received a demand order with penalty and interest, which is a negative development. However, the company believes it has a strong case on merit and plans to appeal, indicating a neutral outlook as the final outcome is uncertain and no immediate financial impact is expected.
Jagran Prakashan Limited has announced receiving a Demand Order dated December 29, 2025, from the Deputy Commissioner, Central GST & Central Excise, Ranchi. The order confirms a demand of ₹32,83,687 and an equivalent amount of penalty, along with interest, under the Central Goods and Services Tax Act, 2017, and related state and integrated GST acts.
The company received this order via email on December 29, 2025. The demand pertains to the period from 2018-19 to 2022-23 and relates to the entitlement of Input Tax Credit availed by the Company.
Based on legal advice, Jagran Prakashan believes the order is not tenable and that the company has a strong case on merit. Consequently, the company stated there is no expected impact on its financials, operations, or other activities. Jagran Prakashan plans to file an appropriate appeal within the prescribed timelines or evaluate other legal options against the order. This information will also be available on the company's website.
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Jagran Prakashan Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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