BSECompany Update4d ago · 21 Oct 2026, 04:54 pm

Tax demand order received from GST Deptt for year 2023-24. Details are attached.

Star Paper Mills Ltd · 516022

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Star Paper Mills Ltd has received a tax demand order from the GST Department for the year 2023-24, totaling Rs. 1,53,15,432, with Rs. 60,39,078 as tax, Rs. 32,37,276 as interest, and Rs. 60,39,078 as penalty. The company plans to appeal against the order.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment2/10

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Star Paper Mills Ltd - 516022 - Tax Demand Order Received From GST Deptt For Year 2023-24

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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