GNG Electronics Receives GST Demand ₹3.4 Cr

GNG Electronics received an Order-in-Original from CGST & CeX Mumbai East imposing GST demand and penalty.
Total GST demand is ₹34,097,749 and penalty is ₹34,235,213, plus applicable interest, covering FY2019–24.
Company is filing an appeal and states no material financial or operational impact is expected from the order.