Details of the Proceeding
This disclosure provides an update on a previously disclosed GST matter. The company had earlier informed the exchanges via intimations dated 17th April, 2025 and 1st December, 2025 about a Show Cause Notice and subsequent order.
Historical Timeline:
- 16th April 2025: The Office of the Additional Commissioner, CGST & Central Excise, Kolkata South Commissionerate, issued Show Cause Notice No. 01/GST/KOL-SOUTH/SCN/ADC/25-26 under Section 74 of the CGST Act, 2017.
- The notice proposed a tax demand of ₹10,21,17,234 (₹10.21 crore) concerning alleged differences in unbilled revenue for Financial Years 2017-18 and 2018-19.
- 1st December 2025: The aforementioned authority passed Order No. 09/ADC/CGST&CX/South/Kol/25-26, which dropped the said tax demand and all related proceedings.
New Development:
- The company received a letter on 9th June 2026 from the Office of the Assistant Commissioner, Park Street Division, Kolkata. The letter was dated 3rd June 2026.
- This letter intimates the company that an appeal has been filed before the Commissioner (Appeals-I) under Section 107(2) of the GST Act, 2017.
- The appeal is filed against the original order (No. 09/ADC/CGST&CX/South/Kol/25-26 dated 1st December 2025) that had dropped the demand.
Company's Response
As per the disclosure, the company states that it "will file objection within stipulated time."
Financial Impact
The disclosure does not quantify any new financial impact. The original demand of ₹10.21 crore had been dropped by the order dated 1st December 2025. The filing of an appeal represents a contingent exposure, the outcome of which is pending.
Other Information
The intimation is also available on the company's website at https://www.skipperlimited.com/.