Neptune Logitek Ltd

Neptune Logitek Wins Major Tax Relief 🎉 | Initial ₹38.3 Cr Demand Reduced to Just ₹2.4 Lakh

- Neptune Logitek received a favorable order from GST Commissioner on Jan 22, 2026.

- Initial service tax demand of ₹26.77 Cr and CENVAT of ₹11.55 Cr dropped.

- Only ₹63,751 for service tax and ₹12,200 as late fees now payable.

- Total penalty with interest reduced to ₹2.41 Lakh vs original ₹38.33 Cr demand.

- Company confirms no significant financial impact from the order.