Neptune Logitek Ltd

📉 Neptune Logitek Wins Major Tax Relief: Demand Reduced from ₹38.33 Cr to Just ₹63,751

• Received favorable appellate order dated January 27, 2026, reducing service tax demand.

• Original demand of ₹38,33,83,869 largely dropped; only ₹63,751 remains recoverable.

• Appeal was against assessment order for FY 2012-13 (AY 2013-14).

• No significant financial impact expected as order is substantially in company's favor.