NSEAction(s) taken or orders passed21 Oct 2026 · 21 Oct 2026, 04:48 pm

Action(s) taken or orders passed

Star Paper Mills Limited · STARPAPER

✦ AI SummaryRegulatory

Star Paper Mills Limited has received an order from the GST Department for the year 2023-24, demanding Rs. 1,53,15,432 (including tax, interest, and penalty) for not allowing input tax credit on raw materials destroyed in a fire accident and charging GST on self-consumed paper and miscellaneous receipts. The company plans to appeal against the order.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Star Paper Mills Limited has informed the Exchange about order passed by GST Deptt for year 23-24

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STARPAPER_21102026164753_GSTORDER2324SEOCT26.pdf

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STAR PAPER MILTS LIMITED SAHARANPUR - 247 OO1(U.P.) tNDrA DUNCAII AOEII'(A CIN No. :- 121011W81936P1C008726 (-7 Phones'. +91 1322714101 to2714105, FAX : +91 1322714121 STAR BRAND E-mail : star.sre@starpapers.com, Web : www.staipapers.com c/sA/sE/598 21" Oct,2026 The National Stock Exchange of lndia Ltd The Bombay Stock Exchange Ltd. Exchanje Plaza, Bandra Kurla Complex Ph roze Jeejebhoy Towers Bandra (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001 Symbol- STARPAPER' Sfock code'576022' Dear Sir, Sub: Disclosure under Reg 30 of SEBI (LODR) Regulations. 201S-Order under GST Act. Pursuant to Reg" 30 of SEBI (LODR) Regulations, 2015, kindly be informed that we have received the following order dated 16.10.26 for the year 2023-24 (received on 21-10-26) from Jt. Commissioner (Corporate Circle), GST Deptt., Saharanpur Zone, Muzzafarnagar (UP). l) Demand of Rs. 1,53,15,432| (Tax: Rs. 60,39,078/-; lnterest: Rs. 32,37,276t- and Penalty: Rs. 60,39,078/-) under GST Act not allowing the input tax credit claimed on raw materials destroyed in fire accident in the Mill. ll) Demand of Rs. 1,58,4261- (Tax: Rs. 61,1701-; lnterest: Rs. 36,086/- and Penalty: Rs. 61 ,170t-) under C,ST Act charging GST on self consumed paper and Misc. receipts. We will prefer appropriate appeal(s) against the above order/demand before Addl. Commissioner (Appeals) within the allowed time. There is no material impact on financial, operation, or other activities of the company due to above order. Kindly acknowledge the receipt. Thanking you Yours faithfully FoT STAR PAPER MILLS LTD. $ehe.r*nPur ARORA Company Secretary Mem. fUo,'FCS-9860 An ISO 9001 (QMS), ISO 14001 (EIIS) & 18001 (OHSttS) Ccrtified Company Regd. Office : Duncan llouse, 2'o f'loor,3l, Netaji Subhash Road, Kolkata-?00001, Ph. : 2242-?380-8J (4Lines), Fax: 033-2243?38j