Baazar Style Retail Limited has received a GST Assessment Order dated December 26, 2025, from the Deputy Commissioner of Revenue, Directorate of Commercial Taxes, West Bengal, Kolkata. This order pertains to the period from May 2018 to October 2018. The total demand raised amounts to ₹12,09,250, comprising tax of ₹3,68,776, interest of ₹4,71,698, and penalty of ₹3,68,776. The alleged contravention involves claiming Input Tax Credit (ITC) on inward supplies from suppliers whose GST registrations were cancelled ab-initio. The company believes the demand is not feasible as per law and intends to file a suitable appeal with the First Appellate Authority. The financial impact is limited to the payment of ₹12,09,250.