Dhanuka Agritech Ltd has received a GST demand order of ₹1.64 crore from the State Goods & Services Department, Rajasthan, relating to unpaid GST on Directors’ Remuneration and short payment on miscellaneous receipts. The company disputes the demand and is evaluating legal options, including an appeal. No material impact on financials or operations is expected.
Dhanuka Agritech Ltd announced on December 18, 2025, that it has received a demand order from the State Goods & Services Department, Government of Rajasthan, Jaipur. The order pertains to an aggregate amount of ₹1.64 crore, comprising a tax demand of ₹92.79 lakh, interest of ₹62.63 lakh, and a penalty of ₹9.27 lakh. The demand arises from alleged non-payment of GST on certain components of Directors’ Remuneration and Commission, as well as a short payment on miscellaneous receipts.
The company has stated that, based on its assessment, the demand is not maintainable and is considering all legal remedies, including filing an appeal. Dhanuka Agritech emphasized that the matter is under review and does not foresee any relevant impact on its financials, operations, or other activities.
Key Highlights:
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The State Goods & Services Department, Rajasthan, issued a demand order for ₹1.64 crore against Dhanuka Agritech.
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The demand includes tax of ₹92.79 lakh, interest of ₹62.63 lakh, and penalty of ₹9.27 lakh.
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The violations cited relate to non-payment of GST on Directors’ Remuneration and short payment on miscellaneous receipts.
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Dhanuka Agritech disputes the demand and is evaluating legal options, including an appeal.
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The company does not expect any material impact on its financials or operations.
Source: Dhanuka Agritech Ltd Corporate Announcement (NSE/BSE)