Deepak Nitrite GST Demand Order ₹60 Lakh

Deepak Nitrite received a GST order from Assistant Commissioner, Vadodara, demanding tax, interest, and penalty totalling ~₹60.47 lakh.
The demand relates to alleged ineligible Input Tax Credit (ITC) availed during FY2019-20 under the Gujarat GST Act.
The company contests the order, stating ITC was availed lawfully, and plans to take appropriate legal action.
The company has disclosed no material financial impact beyond the ₹60.47 lakh demand mentioned in the order.