Jyoti CNC Automation has received a demand order from the CGST Commissionerate, Rajkot, totaling ₹4.45 crore. The order pertains to alleged non-compliance with e-way bill regulations. The company is reviewing the order and consulting with tax and legal advisors to determine the next course of action and may appeal the order at an appropriate forum.
Details of the Demand Order
Jyoti CNC Automation has received a demand order from the Additional Commissioner, CGST Commissionerate, Rajkot. The total demand amounts to ₹4,45,59,720. This includes tax of ₹2,22,79,860, applicable interest, and a penalty of ₹2,22,79,860.
Reason for the Demand
The demand order is based on allegations that the company did not comply with regulations concerning the generation of e-way bills.
Company’s Response
Upon receipt of the order on November 17, 2025, Jyoti CNC Automation is currently in discussion with its tax and legal consultants to assess the order. The company will decide on further actions and may contest the order in the appropriate legal forum.
Potential Financial Impact
The company estimates that the demand order could potentially impact financials by up to ₹4,45,59,720. The management is carefully evaluating the situation and is prepared to take suitable actions.
Source: BSE
