Awfis Space Solutions Limited Settles Tax Demand with State Tax Authorities
Awfis Space Solutions Limited has confirmed the full discharge of a tax demand related to ongoing litigation with the Deputy Commissioner of State Tax, Mazgaon, Mumbai. The company successfully settled the dues following an order received on June 17, 2026, regarding an appeal initiated in June 2025.The dispute involved a total payable amount of INR 1,61,833 under the IGST, CGST, and SGST Act. Prior to the final settlement, the company had already deposited a partial payment of INR 1,07,556 through its electronic cash ledger during the appeal filing process.
The company completed the payment of the remaining demand amounting to INR 1,49,501 on July 13, 2026, utilizing the GST portal. Following this payment, the company stated that the entire demand has been discharged in full.
Transaction and Litigation Details
| Particulars | Details |
|---|---|
| Opposing Party | Deputy Commissioner of State Tax, Mazgaon, Mumbai |
| Initiation Date | 16-06-2025 |
| Previous Status | Order received on June 17, 2026, for dues of INR 1,61,833. Company deposited partial payment of INR 1,07,556. |
| Current Status | Paid remaining demand of INR 1,49,501 on July 13, 2026. Balance of INR 95,244 to be claimed as a refund. |
The company further clarified that the remaining balance of INR 95,244 will be sought as a refund from the concerned GST department. Regarding the timing of this update, the company noted that it prioritized discharging the demand and seeking the refund but acknowledged an inadvertent procedural delay in the disclosure. The company stated it is strengthening internal processes to ensure timely reporting of material information in the future.
AWFIS Stock Price Movement
Awfis Space Solutions Limited shares slipped by 1.12% on Friday to settle at ₹288.3. The stock traded with a volume of 143,852 shares as it retreated from its opening price.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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