Jubilant Ingrevia Limited (JUBLINGREA) — Announcement | 8 June 2026

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📢 Key Event
Favourable tax order sets aside service tax demand

🔄 What Changed
Removal of contingent liability

💡 Investor Takeaway
The order eliminates a future cash outflow of approximately ₹72.10 lakhs, improving financial position.

Jubilant Ingrevia Limited announced on June 8, 2026 that the Commissioner Central Goods and Service Tax (Appeals), Meerut passed a favourable order dated May 26, 2026, setting aside a service tax demand of ₹36,04,971, penalty of ₹36,04,971, and applicable interest for the financial year 2017-18 related to ocean freight under reverse charge. The order removes a contingent liability of approximately [amount not verified] from the company's books, providing financial relief and eliminating future cash outflow obligations for this matter.

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About Jubilant Ingrevia Limited (JUBLINGREA)

Chemicals · Chemicals & Petrochemicals · Listed on NSE

Market Cap: ₹11,656.19 Cr P/E: 56.1

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