Tax Proceedings Update: Skipper Limited Faces Appeal Over Resolved GST Demand
Skipper Limited has reported a development concerning ongoing tax proceedings related to unbilled revenue for prior financial years. The company is currently addressing an appeal filed against a previous order issued by the Additional Commissioner of CGST & Cx, Kolkata South Commissionerate.Earlier, the company had faced allegations regarding differences in unbilled revenue pertaining to FY 2017-18 and FY 2018-19. The original proposed tax demand associated with these alleged differences amounted to ₹10,21,17,234. Subsequent action resulted in the dropping of this specific tax demand through Order No. 09/ADC/CGST&CX/South/Kol/25-26 dated December 1, 2025.
However, the company has been informed regarding an appeal that was filed against this original order (Order No. 09/ADC/CGST&CX/South/Kol/25-26) by the Assistant Commissioner, Park Street Division, Kolkata. This appeal is filed before the Commissioner (Appeals-I).
The current status of this proceeding requires continued monitoring as the company prepares to take necessary action regarding the appeal.
Key details concerning the tax proceeding are summarized below:
| S. No. | Particulars | Details |
|---|---|---|
| 1. | The details of any change in the status and/or any development in relation to such proceedings | The company has been informed about the appeal filed before the Commissioner (Appeals-I) against the original order dated December 1, 2025. Skipper Limited will file an objection within the stipulated time. |
| 2. | In the case of litigation against key management personnel or its promoter or ultimate control, regularly provide details of any change in the status and/or any development in relation to such proceedings | Not Applicable |
The company has confirmed that there is no outstanding matter related to a settlement of these proceedings as part of this update.
SKIPPER Stock Price Movement
Shares of Skipper Limited shed 1.57% today, settling at ₹535 after trading in the post-market session. The equity traded within a range of ₹532 to ₹551, with a recorded volume of 498,522 shares.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.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.