ImportantDisclosure of material issue
Megastar Foods (MEGASTAR) update on a GST demand: The company received an appeal order reducing a GST demand from Rs 1.83 Cr to Rs 1.74 Cr.
Megastar Foods LimitedMEGASTAR · Filed with the exchange
Megastar will challenge this remaining Rs 1.74 Cr demand at the GST Appellate Tribunal. *Good news:* A separate GST Department appeal seeking to impose a Rs 6.23 Cr demand on Megastar was rejected by the Commissioner (Appeals). *Impact:* No immediate financial or operational impact.
The final outcome hinges on the GST Appellate Tribunal's decision. #MegastarFoods #GSTUpdate #InvestorInfo
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