Flair Writing GST Demand Order ₹1.46 Cr

Flair Writing Industries received a final GST order under Section 74 of CGST Act, 2017 on March 27, 2026.
Original show cause notice demanded ₹1,46,28,378 (tax + penalty); final order confirmed ITC demand of ₹73,14,189 plus equal penalty and interest.
Company plans to file an appeal and states no material financial impact on operations from the order.
Disclosure filed under Regulation 30 of SEBI LODR Regulations, 2015 with BSE (544030) and NSE (FLAIR).