Legal13 Feb 2026, 04:07 pm
Jubilant Agri and Consumer Products Ltd Receives GST Levy Order on Bottling Charges for Erstwhile Jubilant Industries Limited
AI Summary
Jubilant Agri and Consumer Products Ltd has received an order from the Assistant Commissioner of State Tax-Maharashtra regarding the levying of GST on bottling charges raised in the Invoice for erstwhile Jubilant Industries Limited (JIL). The order is related to the financial year 2019-20, where JIL raised invoices for bottling services at a GST rate of 5%, while the GST authorities believe the rate should have been 18%. The demand is confirmed in the order for demand/recovery of alleged short tax paid. The Company will file an appeal on merits contesting the Order before the GST Appellate Authority and expects no financial or operational impact.
Key Highlights
- Jubilant Agri and Consumer Products Ltd received an order from the Assistant Commissioner of State Tax-Maharashtra regarding GST on bottling charges for erstwhile Jubilant Industries Limited.
- The order is related to the financial year 2019-20, where JIL raised invoices for bottling services at a GST rate of 5%, while the GST authorities believe the rate should have been 18%.
- The demand is confirmed in the order for demand/recovery of alleged short tax paid.
- The Company will file an appeal on merits contesting the Order before the GST Appellate Authority.
- Jubilant Agri and Consumer Products Ltd expects no financial or operational impact due to this order.
Price Impact
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