GST order of Rs. 1,12,99,508 received from Jaipur Deputy Commissioner; appeal planned
A GST tax demand order has been received from the Deputy Commissioner, Jaipur (Rajasthan) under Section 74 of the RGST Act 2017.
By ScoutQuest · · 1 min read
- Total GST Demand
- Rs. 1,12,99,508
- Tax Component
- Rs. 96,12,911
- Interest Component
- Rs. 7,25,306
- Penalty Component
- Rs. 9,61,291
- Period Covered
- April 2025 to August 2025
What happened
The company received an order of tax demand in Form GST DRC-07 under Section 74 of the RGST Act 2017 from the Deputy Commissioner, Circle-M.I. Road, Zone-Jaipur I, Rajasthan, on September 25, 2026 at 11.25 am.
Why
- The authority holds that excess Input Tax Credit was claimed in GSTR-3B compared with GSTR-2B.
- Period covered: April 2025 to August 2025.
Amounts demanded
- Tax: Rs. 96,12,911
- Interest: Rs. 7,25,306
- Penalty: Rs. 9,61,291
- Total: Rs. 1,12,99,508
Company's response
The company has stated it shall file an appeal against the order before the Competent Authority / Appellate Tribunal in accordance with the applicable provisions under the Goods and Services Tax law.
How to read it
GST demands of this nature arise when returns shared by a company differ from credit auto-populated by the tax system. The final outcome will depend on the appellate process. The amount involved is small relative to the scale of a large listed insurer, and the disclosure is a routine regulatory intimation of a tax order.
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More numbers
- Tax amount demandedRs. 96,12,911/-
- InterestRs. 7,25,306/-
- PenaltyRs. 9,61,291/-
- Total demandRs. 1,12,99,508/-
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