Jubilant Agri receives GST order of ₹38.91 Lakhs; plans appeal.
Jubilant Agri and Consumer Products Limited received a GST order from Maharashtra authorities concerning erstwhile JIL, demanding ₹38.91 Lakhs for alleged short payment on bottling charges. The company plans to appeal the order, expecting no financial or operational impact.
The company has stated that it expects no financial or operational impact and plans to contest the order on merits, indicating a low impact.
The company received a tax order with a demand of ₹38.91 Lakhs, which is a negative development. However, the company plans to appeal and expects no financial or operational impact, which neutralizes the overall sentiment.
Jubilant Agri and Consumer Products Limited (JUBLCPL) has received an order from the Assistant Commissioner of State Tax, Maharashtra, concerning the levying of Goods and Services Tax (GST) on bottling charges. The order, dated February 10, 2026, relates to erstwhile Jubilant Industries Limited (JIL), which merged with JUBLCPL effective October 03, 2024.
The order confirms a total demand of ₹38,91,190.00, comprising tax of ₹12,75,800.00, interest of ₹13,39,590.00, and a penalty of ₹12,75,800.00. This demand arises from the alleged short payment of GST on bottling services provided by JIL to M/s Allied Blenders and Distillers Limited. The GST authorities contend that the tax rate should have been 18% instead of the 5% applied by JIL for the financial year 2019-20.
JUBLCPL intends to contest the order by filing an appeal before the GST Appellate Authority on merits, believing the order to be incorrect and having strong grounds for appeal. Consequently, the company expects no financial or operational impact from this order.
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Jubilant Agri and Consumer Products Limited filed this with the NSE as a statutory disclosure, categorised under regulatory impact. 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 Jubilant Agri and Consumer Products Limited. Read the original for the full detail.