ASTRALAstral Ltd.

    Astral receives GST demand order of ₹82 lakh plus interest from Sankrail division

    • Legal
    • Plastic And Plastic Products

    Astral (NSE: ASTRAL) received a Demand Order under the GST Act, 2017 from the Assistant Commissioner of Central Tax, Sankrail Division, Howrah, it said in a filing on 03 Nov 2026. The order seeks total tax of ₹1.92 lakh, interest of ₹1.18 lakh on one point and a penalty of ₹82.01 lakh, with further interest on other points.

    What the order alleges

    The order was passed under section 74 of the WBGST Act, 2017 and was received on 03 Nov 2026.

    The amounts are small against the total: tax of ₹1.92 lakh and interest of ₹1.18 lakh on point no. 3 sit alongside a penalty of ₹82.01 lakh, which is the largest figure in the order.

    The company's response

    The company says it will challenge the order by filing its reply or submissions before the relevant authorities.

    Against the market value of ₹37,343 crore at the 03 Nov 2026 close, the amounts listed are a very small fraction. Astral's consolidated total income for Q1 FY27 was ₹1,590.80 crore.

    What the GST order means for Astral's shareholders

    The order is a demand against the company, which says it will contest it and that it has no material impact. The filing does not say the total amount payable once interest on the other points is added, the period the demand covers, or how the reply will be decided.

    The next step is the company's reply to the authorities; the filing gives no date for it.

    At a glance

    ItemDetail
    CompanyAstral Ltd.
    AuthorityAssistant Commissioner of Central Tax, Sankrail Division, Howrah
    Order underSection 74 of the WBGST Act, 2017
    Order received03 Nov 2026
    Total tax demanded₹1.92 lakh
    Interest on point no. 3₹1.18 lakh
    Penalty₹82.01 lakh

    Filed with NSE on . Reference: Original filing (PDF)

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