Nature of the Event

DOMS Industries Limited filed a regulatory disclosure under SEBI Listing Obligations and Disclosure Requirements Regulation 30 regarding the favorable outcome of GST appellate proceedings against a penalty order from the Jammu & Kashmir State Taxes Department.

Key Quantitative Figures

  • Penalty amount levied and paid under protest: ₹17,75,790
  • Entire penalty amount to be refunded to the company
  • Applicable interest to be paid on the refund amount
  • Refund processing timeline: Within 30 days from date of Order-in-Appeal issuance

Dates of Action

  • Original Show Cause Notice received: October 22, 2025
  • Impugned order passed: Not specified (prior to October 24, 2025)
  • Penalty paid under protest: Between October 24-29, 2025
  • Release order received: October 29, 2025
  • Appeal filed: After October 29, 2025 (exact date not specified)
  • Order-in-Appeal dated: July 21, 2026
  • Order-in-Appeal received by company: July 22, 2026
  • Regulatory disclosure filed: July 23, 2026

Parties Involved

  • DOMS Industries Limited (the Company)
  • Office of the State Taxes Officer, Kashmir (original authority)
  • Office of the State Tax Officer, State Tax Department, Enforcement South Kashmir (issuing authority of impugned order)
  • Office of the Appellate Authority Appeals – I, State Taxes Department, Srinagar (appellate authority)
  • Proper Officer (designated officer for refund processing)

Allegations and Proceedings

  • Original allegation: Transporting taxable goods without cover of specified documents under Section 122(1)(xiv) of GST Act, 2017
  • Penalty of ₹17,75,790 levied under the impugned order
  • Company paid penalty under protest and obtained release order on October 29, 2025
  • Company filed appeal against the impugned order
  • Appellate authority set aside all allegations and penalty in Order-in-Appeal

Financial Impact

  • Entire penalty amount of ₹17,75,790 to be refunded to company
  • Applicable interest to be paid on refund amount
  • Company states: "There is no material impact on the financial, operations and/or other activities of the Company due to the order"
  • Appellate proceedings concluded with receipt of Order-in-Appeal

Disclosure Compliance

  • Filed by Mitesh Ashok Padia, Company Secretary and Compliance Officer (Membership No.: A58693)
  • BSE Scrip Code: 544045
  • BSE Symbol: DOMS
  • NSE Symbol: DOMS
  • Reference No.: DOMS/SE/26-27/28
  • Dated: July 23, 2026