GST appellate authority confirms tax demand of Rs 38.82 crore and penalty of Rs 38.82 crore
Company received an order from the Commissioner (Appeals), CGST & Central Excise, Thane, confirming the earlier GST order's tax demand of Rs 38.82 crore, interest as applicable and penalty of Rs 38.82 crore.
By ScoutQuest · · 1 min read
- Tax demand
- Rs 38.82 crore
- Penalty
- Rs 38.82 crore
- Period covered
- FY 2017-18 to FY 2018-19 (period from July 2017 to March 2019)
GST demand confirmed at the appellate level
Afcons Infrastructure has received an Order dated October 14, 2026 from the Commissioner (Appeals Thane), CGST & Central Excise, Thane Commissionerate, Maharashtra.
The Order confirms the total tax demand, Interest as applicable and penalty as mentioned in the company's earlier GST Order. The company's intimation to the exchanges dated February 01, 2025 and February 03, 2025 had disclosed that earlier Order, which was received from the Joint Commissioner, CGST & Central Excise, Thane Commissionerate, Maharashtra, dated January 27, 2025.
What the figures are
- Tax demand: Rs 38.82 crore
- Penalty: Rs 38.82 crore
- Interest: as applicable
- Period covered: FY 2017-18 to FY 2018-19 (period from July 2017 to March 2019)
What happens next
The company intends to challenge the Order and shall pursue further legal remedies by update an appeal before the GST Appellate Tribunal (GSTAT).
On the impact, the company has stated that the said Order is not expected to have any material adverse impact on the financials, operations or other activities of the Company.
How to read this
An appellate authority confirming the demand means the position taken in the original order stands at this stage. The next step indicated by the company is an appeal before the GST Appellate Tribunal. The progress and outcome of that appeal would be the thing to watch.
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Unsecured commercial paper of Rs. 35 Crores issued at 8.10% p.a. for 77 days
13 Oct 2026
More numbers
- Tax demand confirmed by the appellate orderRs 38.82 crore
- Penalty confirmed by the appellate orderRs 38.82 crore
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