
Tax & Penalty23 Jun 2026, 06:20 pm
Nila Infra Appeal Set Aside; ₹2.03 Cr Tax Liability Impacted
AI Summary
Nila Infrastructures Ltd has received an order from the Central GST, Appeal Commissioner - Ahmedabad, setting aside the company's appeal. This order pertains to a matter previously disclosed on July 9, 2024, concerning the disallowance of Input Tax Credit availed. The company received the order dated June 18, 2026, on June 23, 2026. The total tax liability involved is INR 2.03 Crore. Nila Infrastructures is currently challenging this appellate order before the relevant authorities. The company states there is no material impact on its financial, operational, or other activities, with the impact limited to the final ascertained tax liability, including potential interest and penalties.
Key Highlights
- Central GST Appeal Commissioner sets aside Nila Infra's appeal.
- Order relates to disallowance of Input Tax Credit availed.
- Total tax liability amounts to INR 2.03 Crore.
- Company is challenging the order and expects no material impact.
- Order received on June 23, 2026, dated June 18, 2026.
Price Impact
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