NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company22h ago · 19 Aug 2026, 05:36 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Jubilant Agri and Consumer Products Limited · JUBLCPL
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Jubilant Agri and Consumer Products Limited has received a Show Cause Notice (SCN) from the Principal Commissioner – Central GST (Audit) Commissionerate, Ludhiana, proposing a GST demand amounting to INR 5,09,04,134. The company believes the SCN is incorrect and is in the process of filing a detailed reply.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment4/10
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Jubilant Agri and Consumer Products Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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JACPL_19082026173531_JACPL_GST_SCN_19082026Signed.pdf
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August 19, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai – 400051 Mumbai – 400001
Symbol: JUBLCPL Scrip Code: 544355
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”)
Pursuant to Regulation 30 read with Schedule III of Listing Regulations, it is hereby informed
that the Company has received a Show Cause Notice (‘SCN’) from Principal Commissioner –
Central GST (Audit) Commissionerate, Ludhiana proposing a GST demand amounting to INR
5,09,04,134. The relevant details pursuant to Regulation 30 of the Listing Regulations read
with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,
2026 are annexed herewith as Annexure A.
The Company believes that the SCN has been issued based on an incorrect understanding of
the facts and circumstances. Accordingly, the Company is in the process of filing a detailed
reply within the prescribed timelines set out in the SCN.
The aforesaid intimation is also being disseminated on Company’s website at
www.jacpl.co.in.
Date and time of occurrence of event is August 18, 2026, 19:25 Hours (IST).
Kindly take the above information on records.
Thanking you,
For and on behalf of
Jubilant Agri and Consumer Products Limited
Hariom Pandey
Company Secretary
Annexure-A
S. No. Particulars Details
1. Name of the listed company Jubilant Agri and Consumer Products Limited
2. Type of communication Show Cause Notice (SCN) in Form GST DRC-01 received via
received email on August 18, 2026 at 19:25 IST
3. Date of receipt of August 18, 2026
communication
4. Authority from whom Principal Commissioner – Central GST (Audit) Commissionerate,
communication received Ludhiana
5. Brief summary of the material The Company has received a SCN from GST Department
contents of the communication proposing a demand of GST amounting to Rs. 5,09,04,134.
received, including reasons for
receipt of the communication The SCN alleges a Demand of 18% GST of Rs.509.04 lakhs on the
amount reported in a memorandum GL named as "Invoices to be
Sent" during the F.Y. 2020-2021 to FY. 2023-24. The GST authority
presumed it as turnover on which tax has not been paid/Invoices
not raised.
The notice alleges that the supply has been made to the extent of
Rs.2828.00 lakhs reflecting in this Memorandum GL and GST @
18% has not been paid/invoices were not issued at the time of
supply.
The Company has a very strong case to defend as the SCN is
incorrect and has made a wrong GST demand. The Company
would file detailed reply within the time prescribed.
6. Period for which F.Y. 2020-21 to F.Y. 2023-24
communication would be
applicable, if stated
7. Expected financial implications The Company does not anticipate any financial implications.
on the listed company, if any
8. Details of any aberrations/ Not Applicable
non- compliances identified by
the authority in the
communication
9. Details of any penalty or Not Applicable
restriction or sanction
imposed pursuant to the
communication
10. Action(s) taken by listed The Company will file a detailed reply on merits contesting the
company with respect to the GST demand, interest and penalty before the adjudicating
communication authority.
11. Any other relevant information NIL