Megastar Foods Limited to Appeal GST Order, Rs. 1.74 Crore Demand Reduced
Megastar Foods Limited will appeal a GST order dated August 31, 2026, to the GST Appellate Tribunal. The order reduced a demand from ₹1.83 crore to ₹1.74 crore. The Department's appeal against a ₹6.23 crore demand was rejected. No immediate financial impact is expected.
The company is appealing a demand of ₹1.74 crore, which is a material amount. Although no immediate impact is stated, the outcome of the appeal could have financial implications.
The company is appealing a GST order, which is a legal process. While a demand was reduced and another was rejected, the outcome of the appeal is pending, making the overall sentiment neutral.
Megastar Foods Limited has announced its intention to file an appeal before the GST Appellate Tribunal concerning an Order-in-Appeal dated August 31, 2026. This order, passed by the Commissioner (Appeals), CGST Appeals Commissionerate, Ludhiana, reduced a previous demand of ₹1,82,82,724 to ₹1,74,12,117 after extending a cum-tax benefit.
The company also noted that the appeal filed by the Department against the dropping of a ₹6,22,93,620 demand was rejected by the Commissioner (Appeals) on both limitation and merits.
The Order-in-Appeal was received by the company via email on August 31, 2026, at 18:48 p.m. Megastar Foods Limited stated that there is no immediate financial or operational impact on the company, as the full impact can only be assessed after the GST Appellate Tribunal passes its order. This disclosure is made in compliance with Regulation 30 of the SEBI LODR Regulations.
A plain-language summary of a public exchange filing by Megastar Foods Limited. Read the original for the full detail.