
<h1>Jubilant FoodWorks Faces GST Show Cause Notice Proposing INR 46 Crore Demand</h1>
Jubilant FoodWorks Limited is contesting a Show Cause Notice (SCN) received from the Goods and Services Tax (GST) Department, which proposes a significant demand of INR 46,90,96,051. The SCN relates to the GST returns filed for the Financial Year 2026-27.
The regulatory communication, dated July 13, 2026, alleges issues regarding the Input Tax Credit (ITC) reversal process during the filing of the company’s GST return. Specifically, the SCN concerns the alleged incorrect presentation or classification of the ITC reversal.
Jubilant FoodWorks has stated that it is in the process of filing detailed objections with the GST Department within the stipulated timelines provided by the SCN. The management expressed confidence that post these submissions, the impugned SCN and the proposed demand are likely to be dropped.
The company affirmed that while facing the notice, it does not anticipate any material financial implications from this matter.
A summary of the regulatory communication and the company’s response is presented below:
| Particular | Details |
|---|---|
| Company | Jubilant FoodWorks Limited |
| Date of SCN Receipt | July 13, 2026 (IST) |
| Issuing Authority | Divisional Goods and Service Tax Office (DGSTO) |
| Allegation | Incorrect reversal/presentation of Input Tax Credit (ITC) in GST return filing. |
| Financial Year Covered | Financial Year 2026-27 |
| Proposed GST Demand | INR 46,90,96,051 |
| Company Action | Filing detailed objections and submissions to counter the allegations. |
The company emphasized that the SCN may not have considered the merits of the submissions already put forth by Jubilant FoodWorks regarding the matter. As part of its response strategy, Jubilant FoodWorks intends to use documentary evidence in its filings to address the concerns raised by the GST Department.
JUBLFOOD Stock Price Movement
As of 12:15 PM in the live market, Jubilant Foodworks Limited shares are shedding 0.85%, currently trading at ₹427.75 as investors weigh daily momentum. The stock has seen movement amid a volume of 604,531 shares traded so far today, reaching a low intraday print of ₹427.15.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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