Bonlon Industries Limited Receives Order from GST Department
Bonlon Industries Limited announced on March 26, 2026, that it received an order from the Deputy Commissioner, Goods and Service Tax Department, Bhiwadi, Rajasthan, regarding a period spanning from April 2019 to March 2020. The order was issued under section 74 of the GST Act.According to the company, the order pertains to a demand notice for tax and penalty. Bonlon Industries Limited stated that it believes it has a strong case and intends to file an appeal against the order before the appropriate authority.
The company indicated it will provide updates to the stock exchanges should there be any further material developments.
Details of the Order
The following table summarizes the details of the order received:| Detail | Information |
|---|---|
| Issuing Authority | Deputy Commissioner, Goods and Service Tax Department, Jurisdiction Bhiwadi, Rajasthan |
| Nature of Order | Order received under section 74 of the GST Act |
| Date of Order | March 25, 2026 |
| Period Covered | April 2019 to March 2020 |
| Potential Financial Implications | The company anticipates no financial impact, believing it has a strong defense. |
Arun Kumar Jain, Managing Director, DIN: 00438324, confirmed the development.
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