Skipper Limited has received an intimation regarding an appeal filed by the Assistant Commissioner, CGST & Central Excise, Park Street Division, Kolkata. This appeal is against a previous order dated 1st December 2025, which had dropped a tax demand of ₹10,21,17,234. The company plans to file an objection within the stipulated time. This update pertains to alleged differences in unbilled revenue for FY 2017-18 and FY 2018-19.
Update on Tax Proceedings
Skipper Limited has been formally informed about a new development concerning past tax proceedings. The Office of the Assistant Commissioner, Park Street Division, Kolkata, issued a letter on 3rd June 2026, which the company received on 09.06.2026. This communication details an appeal that has been filed before the Commissioner (Appeals-I).
Appeal Details
The appeal is lodged under Section 107(2) of the GST Act, 2017, and is directed against the Original Order No. 09/ADC/CGST&CX/South/Kol/25-26. This order, dated 1st December 2025, was passed by the Additional Commissioner of CGST & Cx, Kolkata South Commissionerate, and had previously dropped a tax demand of ₹10,21,17,234. This demand was originally proposed in a Show Cause Notice dated 16th April 2025, relating to alleged differences in unbilled revenue for FY 2017-18 and FY 2018-19.
Company’s Response
In response to this development, Skipper Limited has stated that it will file an objection within the time frame stipulated by the authorities. The company has confirmed that further details regarding any settlement of these proceedings, including terms, compensation/penalty paid, and their impact on the financial position, are not applicable at this stage.
This intimation is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information will also be made available on the company’s website.
Source: BSE
