GST Demand Dropped by Commissioner Appeals for Ashiana Housing Limited
Ashiana Housing Limited has announced that a GST demand related to short payment or non-payment of taxes during Financial Year (FY) 2019-20 has been dropped by the Department of GST Commissioner Appeal, Jamshedpur.The original demand amounted to ₹ 21,35,494/-, which included interest and penalties. The resolution follows an Order-in-Appeal dated June 8, 2026, received on June 26, 2026, by the company.
The appeal involved a GST demand under section 74 of the CGST Act, 2017.
Key details regarding the resolution are provided below:
| Authority | Nature of Action |
|---|---|
| Office of the Commissioner (Appeals), Central Goods and Service Tax & Central Excise | GST demand order under section 74 of the CGST Act, 2017. |
| Order-in-Appeal Date / Receipt Date | June 8, 2026 / June 26, 2026 |
| Details of Violation Alleged | The demand raised in Order-in Original for short payment/non-payment of taxes amounting to ₹ 21,35,494/- (including penalty). |
The company reported that there is no action required from its end concerning this specific outcome.
Regarding the impact of this matter on the listed entity, Ashiana Housing Limited stated that no significant impact on financial or operational performance has been observed. The company is currently in the process of reviewing and reconciling its records.
ASHIANA Stock Price Movement
On Thursday, Ashiana Housing Limited shares gained 0.80%, settling at ₹385.05 in the markets. The stock traded within a range of ₹382.8 to ₹389.95 and recorded a volume of 40,427 shares.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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