StockWatch
·
Media & Entertainment
Tax & Penalty22 Apr 2026, 04:22 pm

Unistar Multimedia Receives GST Cancellation Order (Gujarat)

AI Summary

Unistar Multimedia Ltd. has received a GST registration cancellation order dated 30 March 2026 from the Goods and Services Tax Department under Section 29 of the Central Goods and Services Tax Act, 2017. The company has filed a rectification application under Section 161 of the same act, which is currently under consideration. Unistar Multimedia clarifies that it has been taking necessary steps towards GST compliance, no monetary penalty has been imposed, and there is no material financial impact on the company's operations at present. The company is pursuing restoration of the GST registration.

Key Highlights

  • Unistar Multimedia received GST registration cancellation order.
  • Company filed rectification application under Section 161.
  • No monetary penalty imposed on the company.
  • No material financial impact on operations currently.
  • Company taking steps to restore GST registration.