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.
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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