Jubilant FoodWorks has disclosed receiving an order from the CGST Commissionerate, Meerut, demanding GST, penalty, and interest totaling approximately ₹30.71 crore. The dispute pertains to the alleged incorrect classification of certain intra-company supplies for GST purposes during FY 2019-20 to FY 2024-25. The company strongly believes the order is erroneous and is proceeding to file an appeal, expecting the demand to be dropped post-redressal.
Disclosure of Regulatory Order Received
Jubilant FoodWorks Limited has formally informed stock exchanges regarding the receipt of a significant order pertaining to Goods and Services Tax (GST) liabilities. The communication was received on March 26, 2026, at 18:11 Hrs (IST) from the Additional Commissioner, CGST Commissionerate, Meerut, Uttar Pradesh.
Details of the Alleged Contravention
The core of the issue relates to an alleged short payment of GST due to the incorrect classification of certain goods supplied between distinct GSTINs operating under the same Permanent Account Number (PAN) of the Company (referred to as intra-company supplies). The relevant order number is 92-GST/ADC/Meerut/2025-26, dated March 17, 2026, issued under Section 74/74A of the CGST Act, 2017.
Quantum of Demand and Financial Impact
The demand raised by the authority includes:
- Demanded GST: INR 15,35,60,917/-
- Penalty: INR 15,35,60,917/-
- Applicable Interest
In total, the monetary quantum is approximately ₹30.71 crore plus interest. The period under scrutiny for this communication spans the Financial Years 2019-20 to 2024-25.
Company Stance and Redressal Strategy
The management of Jubilant FoodWorks firmly believes that the order passed is incorrect and has failed to consider the merits of the company’s contentions. Consequently, the Company is actively engaged in the process of filing an appeal against the decision. Management states that following this redressal process, the impugned demand raised is likely to be dropped. The company currently does not anticipate any material financial implications or impact on operations from this event.
Source: BSE
