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Tax & Penalty27 Aug 2026, 02:05 pm

Jagran Prakashan Receives GST Show Cause Notice for ₹21.7 Lakhs

AI Summary

Jagran Prakashan Ltd has received a Show Cause Notice (SCN) from the Excise and Taxation Officer, Hisar (Haryana), dated August 26, 2026. The notice, issued under Section 74 of the Central Goods and Services Tax Act, 2017, alleges a GST demand of ₹21,73,727, along with interest and penalty. The SCN pertains to the period 2020-2021 and concerns the entitlement to Input Tax Credit availed by the company. Jagran Prakashan, based on legal advice, believes the SCN is not tenable and intends to file a response within the prescribed timelines or explore other legal options. The company asserts that, based on its legal assessment, there is no immediate impact on its financials, operations, or other activities.

Key Highlights

  • Received GST Show Cause Notice for ₹21.7 Lakhs demand.
  • Notice relates to Input Tax Credit for the 2020-2021 period.
  • Company believes notice is not tenable, has strong case on merit.
  • No immediate financial or operational impact expected.
  • Response to be filed within timelines or legal options evaluated.