Xelpmoc Design And Tech Receives GST Demand Order of ₹66.9 Lakhs
Xelpmoc Design And Tech Limited has received a GST Demand Order from the Office of the Assistant Commissioner of Commercial Taxes (Audit) -4.5, DGSTO -4, Bengaluru, Karnataka. The order, issued under...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Xelpmoc Design And Tech Limited in the news today?
Xelpmoc Design And Tech Limited (XELPMOC) is in the news due to the company has received a demand order from gst authorities which includes tax, interest, and penalty, indicating a negative development.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Xelpmoc Design And Tech Receives GST Demand Order of ₹66.9 Lakhs
December 30, 2025, 02:48 PM
Top Queries to Ask About Xelpmoc Design And Tech Limited
More Details on This News
Xelpmoc Design And Tech Limited has received a GST Demand Order from the Office of the Assistant Commissioner of Commercial Taxes (Audit) -4.5, DGSTO -4, Bengaluru, Karnataka.
The order, issued under Section 73 of the CGST Act / KGST Act, 2017 read with Section 20 of the IGST Act, 2017, pertains to the Financial Year 2021-22. The aggregate demand amounts to ₹66,93,513, which comprises ₹36,32,575 for tax, ₹26,83,528 for interest, and ₹3,77,410 for penalty.
The alleged contraventions include non-payment of GST on outward supplies due to incorrect classification of such supplies as zero-rated, and short payment of taxes under the Reverse Charge Mechanism (RCM) on inward supply of services. The company is currently evaluating the demand order and, based on advice from tax consultants, intends to pursue appropriate legal remedies. The financial impact is limited to the amount of the order, with no foreseen impact on the company's operations or other activities.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
