Nila Infrastructures Limited receives favorable order in Central GST Appeal
Nila Infrastructures Limited has received an Order from the Office of the Commissioner (Appeals) - Central GST, Appeal Commissioner - Ahmedabad, regarding a tax matter previously disclosed by the company. The key development is that the appeal filed by the company has been set aside through this order.The determination was received on June 23, 2026, concerning the disallowance of Input Tax Credit availed by the company.
The Order relates to the initial matter disclosed by Nila Infrastructures Limited on July 9, 2024. The details provided in relation to this tax dispute are as follows:
| Authority | Action Taken | Date of Receipt |
|---|---|---|
| Office of the Commissioner (Appeals) - Central GST, Appeal Commissioner - Ahmedabad | The appeal made by the company has been set aside. | June 23, 2026 |
The disallowance concerns the Input Tax Credit availed by Nila Infrastructures Limited.
Regarding the financial and operational impact of this particular appellate order, while the total tax liability stands at INR 2.03 Crore, the company stated that there is no material impact on its operations or finances due to the order and the amount demanded. The potential future impact will be limited to the final tax liability as ascertained along with any interest and penalty.
Nila Infrastructures Limited continues to challenge the Order of the Appellate Authority through appropriate channels after undertaking requisite expert consultation.
NILAINFRA Stock Price Movement
Shares of Nila Infrastructures Limited today slipped by 2.11% after the close, settling at a price of ₹7.90. The stock saw a trading volume of 141,113 shares, having traded within an intraday range spanning from ₹7.85 to ₹8.14.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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