MOIL Limited receives GST demand order of ₹1.37 Crore for FY22
MOIL Limited has received an order from the Deputy Commissioner of State Tax, Nagpur, concerning the short payment of Goods and Services Tax (GST) under the Reverse Charge Mechanism (RCM). The order,...
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Why is MOIL Limited in the news today?
MOIL Limited (MOIL) is in the news due to the company has received a tax demand order which includes penalty and interest, indicating a negative financial event.
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MOIL Limited receives GST demand order of ₹1.37 Crore for FY22
December 30, 2025, 07:36 AM
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MOIL Limited has received an order from the Deputy Commissioner of State Tax, Nagpur, concerning the short payment of Goods and Services Tax (GST) under the Reverse Charge Mechanism (RCM).
The order, issued under Section 73 of the CGST/SGST Act, 2017, pertains to the financial year 2021-22 and relates to royalty, DMF, and NMET charges on mining operations.
The total demand amounts to ₹1,36,80,967 (Rupees One Crore Thirty-Six Lakh Eighty Thousand Nine Hundred and Sixty-Seven only), which includes GST, interest, and penalty. The company received this order on December 29, 2025, at 5:00 PM.
MOIL Limited is currently examining the order and plans to take appropriate legal steps, including filing an appeal within the prescribed time. The company has stated that there is no immediate operational impact.
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