ALFA Filings
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Megastar Foods received a GST order-in-appeal reducing its tax demand to Rs. 1.74 Crore. The company intends to appeal this decision before the GST Appellate Tribunal.
Megastar Foods disclosed a GST demand of Rs 6.23 Crore under Regulation 30. The company says there is no immediate financial or operational impact.
Megastar Foods Ltd announced that the Punjab State Agricultural Marketing Board quashed a Rs 73.37 Crore demand from the Market Committee, Rupnagar. The allegations regarding unpaid Market Committee and RDF fees were found baseless. This resolution absolves the company of all financial obligations related to the notice, resulting in no adverse financial impact.
Megastar Foods Limited received a notice from Market Committee, Rupnagar, demanding ₹73.37 Crore for alleged non-payment of Market Committee and RDF fees. The company maintains it is a processing unit exempt from these fees under state laws and is pursuing legal recourse. No immediate financial impact is expected pending adjudication.
Megastar Foods Limited received a notice from Market Committee, Rupnagar demanding ₹73.14 Crore in unpaid Market Committee and RDF fees. The company maintains it holds a valid license from the Punjab Mandi Board until 2030 and is exempt as a processing unit. Megastar intends to pursue legal recourse and expects no immediate financial impact.