Nilkamal Limited Receives Order from CGST and Central Excise (Appeals)
Nilkamal Limited announced on April 1, 2026, that it received an order from the Office of the Commissioner, CGST and Central Excise (Appeals) in Ranchi. The order, dated March 31, 2026, pertains to a GST assessment order initially issued on February 5, 2025, by the Deputy Commissioner, State of Jharkhand, for the financial years 2017-18 to 2022-23.The company had previously filed an appeal against the assessment order on April 27, 2025. The final order from the Commissioner assesses a demand of Rs. 3,13,313, along with applicable interest and a penalty of Rs. 60,000.
Nilkamal Limited intends to pay the assessed demand and will also file an amnesty application to seek a waiver of interest and penalties. The company stated that this order will not have a material impact on its financial or operational activities.
Below is a table summarizing the details of the order:
| Detail | Information |
|---|---|
| Authority | Office of the Commissioner, CGST and Central Excise (Appeals), Ranchi |
| Order Details | Order No. 26/GST/RSD/DC/2024 dated 05.02.2025 |
| Date of Order | March 31, 2026 |
| Assessment Period | Financial years 2017-18 to 2022-23 |
| Demand | Rs. 3,13,313 |
| Penalty | Rs. 60,000 |
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.