DIC India GST Demand Upheld at ₹17.32 Lakhs

DIC India discloses receipt of GST appellate order upholding demand of ₹17.32 lakhs for FY18.
Order includes GST ₹8.14L, interest ₹8.37L, penalty ₹81K for alleged GSTR mismatch and ITC denial.
Company contends order is arbitrary and is reviewing for potential further action.