Jubilant Ingrevia Limited was notified of an order confirming a demand for Service Tax, interest, and penalty for the Financial Year 2017-18 concerning Ocean Freight services. The total confirmed demand, including Tax (₹36.05 lakh) and Penalty (₹36.05 lakh), is substantial. The company is preparing to file an appeal against the order from the Assistant Commissioner, Central Goods & Service Tax, Bijnor, asserting a strong defense on merits.
Tax Authorities Confirm Demand for FY 2017-18
Jubilant Ingrevia Limited has received communication regarding an order passed by the Assistant Commissioner, Central Goods & Service Tax, Bijnor. This order confirms a demand for Service Tax, penalty, and interest pertaining to the financial year 2017-18 related to Ocean Freight services utilized by the Company.
Details of Confirmed Demand
The confirmation notice, received on February 9, 2026, details the following imposition components for the FY 2017-18 period:
- Tax Demand: Rs. 36,04,971/-
- Penalty Imposed: Rs. 36,04,971/-
- Interest charged under Section 75 of the Finance Act, 1994.
The legal basis cited for the demand is Section 73(1) of the Finance Act, 1994, read alongside provisions in the CGST Act, 2017.
Company Response and Appeal Plans
Jubilant Ingrevia Limited stated that it is currently undertaking the necessary steps to challenge this order. The Company is in the process of filing an appeal before the Commissioner (Appeals) immediately after obtaining the signed or certified copy of the order. Management believes the Company has a strong case to defend on merits. Crucially, the Company has assessed that there will be no material financial or operational impact on its activities following the receipt of the certified copy of the order.
The date and time of the occurrence, marking the receipt of the order, was February 9th, 2026, at 10:10 am (IST).
Source: BSE
