Skipper Limited Faces Demand of ₹ 45,10,502 from Kerala Tax Authority

Skipper Limited Faces Demand of ₹ 45,10,502 from Kerala Tax Authority

Skipper Limited Faces Demand of ₹ 45,10,502 from Kerala Tax Authority​

Skipper Limited has confirmed receiving an order from the Office of the Deputy Commissioner, Taxpayer Services Division, SGST Department, Irinjalakuda, Thrissur, Kerala. The order, issued under Section 74 of the CGST/SGST Act, 2017, raises a demand of ₹ 45,10,502/- against a mismatch identified in GSTR 1-3B for the Financial Year 2021-22.

The company received the directive on April 23, 2026.

The tax authority that passed the order is the Office of the Deputy Commissioner, Taxpayer Services Division, SGST Department, Irinjalakuda, Thrissur, Kerala. The specific reference number associated with the action is ZD320426020996B.

According to the detailed records, the financial impact of the matter on the Company is currently reported as having no material effect on its financial, operational, or other activities. Skipper Limited noted that the Company intends to file an appeal within the stipulated time period.

A summary of the tax action taken is provided below:

DetailDescription
AuthorityOffice of the Deputy Commissioner, Taxpayer Services Division, SGST Department, Irinjalakuda, Thrissur, Kerala
Order DetailsOrder u/s 74 of CGST/SGST Act, 2017 (Ref. no. ZD320426020996B)
Date of OrderApril 23, 2026
Demand Raised₹ 45,10,502/-
Basis of DemandMismatch in GSTR 1-3B in F.Y. 2021-22
Material ImpactNone
Company RemarkCompany will file an Appeal later on within stipulated time

SKIPPER Stock Price Movement​

As of 2:41 PM, shares of Skipper Limited are shedding 3.43% in live trading, currently at ₹453.55. The stock is currently drawing significant attention, bolstered by a total volume of 423,539 shares traded in the session.
 

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