Nilkamal Ltd Appeal Rejected, ₹7.22 Lakh GST Demand Upheld

Nilkamal Ltd has announced that its appeal against an order from the Office of The Superintendent of CGST & Central Excise has been rejected by the Joint Commissioner CGST & Central Excise (Appeals), Siliguri. The original order, dated November 20, 2025, had raised a demand of ₹7,22,362 for wrongly availed and utilized Input Tax Credit (ITC) for FY 2018-19 and FY 2019-20. The appellate authority upheld this demand, which includes tax dues of ₹3,61,181 and a penalty of ₹3,61,181. The company stated that based on professional advice, it will take necessary action. Nilkamal Ltd also clarified that there is no material impact on its financial and operational activities due to this order.