Details of Orders Received
The company received two orders dated June 1, 2026 on June 17, 2026 from the Office of the Additional Commissioner of Commercial Taxes (Enforcement), South Zone, Karnataka under the provisions of the Karnataka Goods and Services Tax Act, 2017 (KGST Act) and the Central Goods and Services Tax Act, 2017 (CGST Act).
Specific Violations and Penalties
First Order Details:
- Nature: Relates to alleged failure to issue tax invoices under Section 122(1)(i)/125 of KGST/CGST Acts
- Assessment Year: 2023-24
- Violation: Non-issuance of tax invoices in respect of certain transactions under Section 31 of GST Acts read with Rule 46 of CGST Rules
- Penalty: ₹50,000 (₹25,000 each under CGST Act and KGST Act)
Second Order Details:
- Nature: Relates to alleged failure to furnish information/documents called for by authorities under Section 122(1)(xvii)
- Assessment Years: 2023-24 and 2025-26
- Violation: Failure to furnish information/documents called for by authorities during proceedings under Section 70 of the Act
- Penalty: ₹50,000 (₹25,000 each under CGST Act and KGST Act)
Total Financial Impact
Aggregate penalty of ₹1,00,000 (₹50,000 under each order, comprising ₹25,000 each under CGST Act and KGST Act).
Current Status and Impact
The company has paid the penalty amount to the Appropriate Authorities. The orders do not have any material impact on the financial, operational or other activities of the Company.