MOIL Limited Receives Tax Order for ₹2.57 Crore Demand
MOIL Limited has received an order from the Joint Commissioner of State Tax, Madhya Pradesh, concerning alleged mismatches and excess/ineligible claims related to GSTR-3B vs GSTR-9, GSTR-1 vs GSTR-3B,...
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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, which is a negative event. however, the company is examining the order and plans to appeal, and it stated that there is no immediate operational impact, making the overall sentiment neutral.
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MOIL Limited Receives Tax Order for ₹2.57 Crore Demand
December 31, 2025, 05:37 AM
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MOIL Limited has received an order from the Joint Commissioner of State Tax, Madhya Pradesh, concerning alleged mismatches and excess/ineligible claims related to GSTR-3B vs GSTR-9, GSTR-1 vs GSTR-3B, and GSTR-2A vs Inward E-Way Bill for the period of April 2021 to March 2022.
The order, passed under Section 73(9) of the CGST/SGST Act, 2017, imposes a total demand of ₹2,56,79,562 (Rupees Two Crore Fifty Six Lakh Seventy Nine Thousand Five Hundred and Sixty-Two only), which includes GST and penalty.
The company has stated that this demand does not have any immediate operational impact. MOIL Limited is currently examining the order and plans to take appropriate legal steps, including filing an appeal within the prescribed time under the GST Act. The order was received on December 30, 2025, at 12:30 PM.
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