Skipper Ltd Faces ₹227.5 Cr GST Demand Notice

Skipper Ltd has received a show cause notice from the Assistant Commissioner Office of The State Tax (GST), Bhubneshwar II, Odisha, proposing a demand of ₹2,27,53,28,966/-. The notice, issued under Section 73 of the CGST/OGST Act, 2017, relates to a mismatch in GSTR 1, GSTR-2A, and GSTR-3B filings. The company disputes the demand, stating it is based on erroneous findings and incorrect appreciation of facts and law. Skipper Ltd asserts it has strong grounds to contest the demand and does not accept the proposed liability, indicating no material impact on its financial position or operations. The company plans to pursue all appropriate legal remedies.