Jagran Prakashan Receives GST Show Cause Notice for ₹21.7 Lakhs
Jagran Prakashan Limited received a GST Show Cause Notice for ₹21.74 Lakhs concerning the 2020-21 period. The notice alleges issues with Input Tax Credit. The company believes the notice is not tenable and expects no financial impact.
The company has stated that based on legal advice, the Show Cause Notice is not tenable and they have a strong case on merit. Therefore, they do not anticipate any impact on financials, operations, or other activities.
The company received a Show Cause Notice regarding GST demand, interest, and penalty. However, based on legal advice, the company believes the notice is not tenable and expects no financial impact, leading to a neutral sentiment.
Jagran Prakashan Limited has received a Show Cause Notice (SCN) dated August 26, 2026, from the Excise and Taxation Officer, Hisar (Haryana), under Section 74 of the Central Goods and Services Tax Act, 2017. The notice requires the company to explain why a GST demand of ₹21,73,727, along with applicable interest and penalty, should not be levied.
The alleged contravention pertains to the period between 2020 and 2021 and relates to the company's entitlement to Input Tax Credit. The company, based on legal advice, believes the SCN is not tenable and that it has a strong case on merit. Consequently, Jagran Prakashan anticipates no immediate impact on its financials, operations, or other activities.
The company will be filing an appropriate response within the prescribed timelines or will evaluate other legal options. This information is being disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and will be uploaded on the company's corporate website and the websites of the National Stock Exchange of India Limited and BSE Limited.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Jagran Prakashan Limited. Read the original for the full detail.