Jubilant Ingrevia Limited announced that its Nira Plant has received an appeal order from the Joint Commissioner (Appeals), State Tax, Pune. The order confirms a demand for GST, penalty, and interest totaling ₹2,18,24,065 (approximately ₹2.18 crore) for the financial year 2017-18. The confirmed demand includes ₹1,04,42,136 towards tax, ₹1,03,37,715 towards interest, and ₹10,44,214 towards penalty. The alleged violation pertains to the wrong availment and utilization of Input Tax Credit, contrary to Section 16 of the GST Act, 2017. The company stated that it is in the process of filing an appeal against this order before the Goods and Services Tax Appellate Tribunal (GSTAT). Jubilant Ingrevia believes it has a strong case on merits and anticipates no material financial or operational impact from this demand. The order was received on December 26, 2025, at 13:06 pm IST. The company will also post this disclosure on its website.