Skipper Limited: Tax Appeal Set Aside After Principal Commissioner Rules in Favor of Company
Skipper Limited has received a favorable ruling regarding prolonged tax proceedings related to alleged revenue differences. A decision from the Principal Commissioner (Appeals) CGST & CX, Appeal -I, Kolkata, set aside the appeal filed by the Department against the company, as reported on July 16, 2026.The dispute originated when the Office of the Additional Commissioner, CGST and Central Excise, Kolkata South Commissionerate, issued a Show Cause Notice No. 01/GST/KOL-SOUTH/SCN/ADC/25-26 dated April 16, 2025. This notice proposed a tax demand amounting to ₹10,21,17,234 concerning alleged differences in unbilled revenue for the Financial Years (FY) 2017-18 and FY 2018-19.
Subsequently, the Additional Commissioner issued an order dated December 1, 2025, which dropped the said demand along with all related proceedings. Following this decision, the company was informed that the Department had appealed the ruling before the Commissioner (Appeals-I) under Section 107(2) of the GST Act, 2017.
The final outcome came after the Principal Commissioner (Appeals) CGST & CX, Appeal -I, Kolkata, issued the order dated July 16, 2026, which effectively reversed the Department's appeal, establishing a resolution in favor of Skipper Limited.
The current status and details relating to the tax proceedings are summarized below:
| Particulars | Status/Details |
|---|---|
| Change in Status (Tax Proceedings) | The Principal Commissioner (Appeals) CGST & CX, Appeal -I, Kolkata, vide its order dated July 16, 2026 has set aside the appeal filed by the Appellant-Department. |
| Litigation against Key Management Personnel or Ultimate Person in Control | Not Applicable |
| Settlement Details | Not Applicable |
The reversal of the Department's appeal marks a conclusion to the proceedings related to the alleged revenue differences pertaining to FY 2017-18 and FY 2018-19, which had previously carried an exposure of ₹10,21,17,234.
SKIPPER Stock Price Movement
Today, Skipper Limited shares edged higher to close at ₹528.65 after gaining 0.01%. The stock traded within a volatile intraday range, which included reaching a daily low of ₹519.65 and peaking at a high of ₹534.95.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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