StockWatch
·
Heavy Electrical Equipment
Legal10 Jun 2026, 05:31 pm

Skipper Ltd Faces GST Appeal Against ₹10.2 Cr Demand Dropped Earlier

AI Summary

Skipper Ltd has been notified by the Assistant Commissioner, CGST & Central Excise, Kolkata, about an appeal filed before the Commissioner (Appeals-I). This appeal challenges the earlier order dated December 1, 2025, which had dropped a tax demand of ₹10,21,17,234. The original demand was related to alleged differences in unbilled revenue for FY 2017-18 and FY 2018-19. The company plans to file an objection within the stipulated time. This development follows previous intimations regarding the initial show cause notice and its subsequent dropping.

Key Highlights

  • GST appeal filed against order that dropped ₹10.2 Cr tax demand.
  • Original demand was for alleged unbilled revenue differences.
  • Company received notice of appeal on June 9, 2026.
  • Skipper Ltd will file an objection within the stipulated time.