Legal18 Aug 2026, 07:50 pm
G R Infraprojects Subsidiary Loses GST Litigation Worth ₹69.79 Cr
AI Summary
Nagaur Mukundgarh Highways Private Limited, a subsidiary of G R Infraprojects Ltd, has had its writ petitions dismissed by the Rajasthan High Court. The petitions challenged the applicability of CBIC Circular No. 150/06/2021-GST and the levy of GST on annuity payments received under its concession agreements. The aggregate amount involved in this litigation is approximately ₹69.79 crore. The company is currently evaluating the judgment and considering available legal remedies with its advisors. This development pertains to ongoing litigations disclosed under listing regulations.
Key Highlights
- Subsidiary's GST litigation challenging annuity payment taxation dismissed.
- Litigation involved approximately ₹69.79 crore.
- Company is assessing legal options post-judgment.
- Update provided as per listing regulations on ongoing litigations.
Price Impact
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