Jyoti CNC Automation Share Price in Focus; Company Gets Relief in ₹4.46 Crore GST Dispute

Jyoti CNC Automation Ltd has informed exchanges that it has secured a favourable outcome in a tax-related litigation matter.  

The development comes after the company challenged an earlier order issued by the Additional Commissioner, Central GST, Rajkot.  

The latest order provides significant relief to the company by eliminating the disputed tax demand raised earlier. 

Appellate Authority Sets Aside GST Demand 

According to the company's disclosure, the Commissioner (Appeal), Central GST & Excise, Rajkot, has passed an order in favour of Jyoti CNC Automation on an appeal filed by the company.  

The appellate authority has overturned the earlier order issued by the Additional Commissioner, Central GST, Rajkot.  

The disputed matter involved a total demand of ₹4,45,59,720, which has now been set aside following the appellate ruling.  

Refund Eligibility After Favourable Ruling 

With the entire demand withdrawn, the company stated that it is now eligible to seek a refund of the amount that had been deposited under protest during the course of the proceedings.  

The order effectively removes the financial liability arising from the disputed GST demand and provides clarity on the matter. 

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Jyoti CNC Share Price Performance 

As of 01 June 2026, at 9:50 AM, Jyoti CNC Automation share price is trading at ₹592.00 per share, reflecting a decline of 0.67% from the previous closing price. 

Conclusion 

The favourable appellate decision marks a positive development for Jyoti CNC Automation, as the ₹4.46 crore GST demand has been completely quashed. The company is also expected to pursue a refund of the amount previously paid under protest.  

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