News ArticleAstral Limited Faces GST Demand Order of Rs. 84.11 Lakh Including Tax, Interest, and Penalty
Company received order from Assistant Commissioner of Central Tax on November 3, 2026, plans to challenge with no material business impact reported
Astral Limited has received a Goods and Services Tax (GST) demand order of Rs. 1,91,873 in tax, Rs. 1,18,487 in interest, and Rs. 82,00,747 in penalty related to GST classification and input tax credit irregularities. The company plans to challenge the order and states no material impact on financial or operational activities.
Astral Limited
Legal / Regulatory
Astral Limited has received a demand order under the Goods and Services Tax Act, 2017, totaling Rs. 84.11 lakh in tax, interest, and penalty related to GST liabilities and input tax credit issues, which the company intends to contest.
The demand order was issued by the Assistant Commissioner of Central Tax, Sankrail Division, Howrah, under section 74 of the West Bengal GST Act, 2017, and received on November 3, 2026.
The issues cited include short payment of outward GST liability due to incorrect HSN classification, irregular availing and utilization of input tax credit (ITC) classified as blocked or ineligible credit, and availing ITC before physical receipt of goods at the registered business location.
The financial impact comprises Rs. 1,91,873 in tax, Rs. 1,18,487 in interest related to ITC availed before receipt of goods, additional interest on other points, and a penalty of Rs. 82,00,747.
Astral Limited has stated that it will challenge the demand order based on strong merits by submitting a reply to the relevant authorities and confirmed there is no material impact on its financial or operational activities as a result of this order.
Highlights
- GST demand order issued on November 3, 2026, by Assistant Commissioner of Central Tax, Howrah.
- Allegations include short payment of GST due to HSN classification errors and irregular input tax credit claims.
- Total financial demand including tax, interest, and penalty amounts to Rs. 84,11,107.
- Astral Limited plans to contest the order through proper submissions to authorities.
- No material impact on company’s financial or operational activities reported despite the order.
Key Data Snapshot
What happened
- Astral Limited received a GST demand order on November 3, 2026, from the Assistant Commissioner of Central Tax in Howrah.
- The order cites violations including short-payment of GST due to classification errors and irregular input tax credit claims.
Key details
- The demand includes Rs. 1,91,873 in tax and Rs. 1,18,487 in interest specifically related to input tax credit before receipt of goods.
- A penalty amounting to Rs. 82,00,747 is also imposed, resulting in a total demand of over Rs. 84 lakh.
- The company intends to contest the order based on strong merits before the relevant tax authorities.
- Astral Limited reports no material impact on its financial or operational activities arising from this demand.
Highlights
- GST demand order issued on November 3, 2026, by Assistant Commissioner of Central Tax, Howrah.
- Allegations include short payment of GST due to HSN classification errors and irregular input tax credit claims.
- Total financial demand including tax, interest, and penalty amounts to Rs. 84,11,107.
- Astral Limited plans to contest the order through proper submissions to authorities.
- No material impact on company’s financial or operational activities reported despite the order.
Disclosures
- Goods and Services Tax Act, 2017
- West Bengal GST Act, 2017
- SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
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