
Tax & Penalty26 Jun 2026, 06:10 pm
Ashiana Housing Wins GST Appeal, ₹21.35 Lakh Demand Dropped
AI Summary
Ashiana Housing Ltd has received a favorable order from the Commissioner (Appeals) under the CGST Act, 2017. The GST demand order, amounting to ₹21,35,494 (including interest and penalty) for short payment of GST in FY 2019-20, has been dropped. The demand was originally raised by the Proper Officer under Section 74 of the CGST Act. The company stated that no action is required from their end and there is no significant impact on financial or operational performance, though they are reviewing records for monetary implications. The Order-in-Appeal was dated June 8, 2026, and received on June 26, 2026.
Key Highlights
- GST demand of ₹21.35 Lakhs (incl. interest & penalty) dropped by Commissioner (Appeals).
- Demand related to short payment of GST for FY 2019-20.
- Order received on June 26, 2026, dated June 8, 2026.
- No significant financial or operational impact expected.
- Company reviewing records for monetary reconciliation.
Price Impact
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