Regaal Resources Receives GST Demand Order of ₹2.17 Crore for FY22
Regaal Resources Limited announced on January 02, 2026, that it has received a Demand Order from the Office of the Joint Commissioner of State Goods and Service Tax (GST) - Kishanganj, Purnea, Bihar. ...
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Why is Regaal Resources Limited in the news today?
Regaal Resources Limited (REGAAL) is in the news due to the company received a demand order from gst authorities, which is a negative event. however, the company believes the demand is not maintainable and does not foresee any significant impact, making the overall sentiment neutral.
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Regaal Resources Receives GST Demand Order of ₹2.17 Crore for FY22
January 2, 2026, 01:43 PM
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More Details on This News
Regaal Resources Limited announced on January 02, 2026, that it has received a Demand Order from the Office of the Joint Commissioner of State Goods and Service Tax (GST) - Kishanganj, Purnea, Bihar. The order, issued under Section 73 of the CGST/SGST Act, pertains to the financial year April 2021 to March 2022.
The demand order proposes a total of ₹2,17,33,500, which comprises a tax liability of ₹1,22,21,214, interest of ₹82,49,319, and penalties amounting to ₹12,62,967.
The company is currently reviewing the demand and stated that it believes the demand is not maintainable. Regaal Resources Limited will take appropriate steps to respond to the order and does not foresee any significant impact on its financials, operations, or other activities.
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