Details of Notice Received
- Notice Type: Form DRC-01A issued under Section 73 of Central Goods and Services Tax Act, 2017
- Issuing Authority: Office of Assistant Commissioner of State Tax, Unit 74, Vapi, Gujarat
- Date of Notice: 16th July, 2026
- Date of Receipt: 16th July, 2026 (received via email)
- Period Covered: April 2022 to March 2023 (Financial Year 2022-23)
Allegations and Financial Amounts
- Short Payment of Tax: Alleged differences between taxable value reported in E-Way Bills and Form GSTR-1
- Excess Input Tax Credit (ITC): Alleged excess availment amounting to ₹9,09,220
- Proposed Interest: ₹6,20,561 under Section 50 of CGST Act
- Proposed Penalty: ₹10,92,284 under Sections 73(9)/73(11) of CGST Act
- Total Potential Exposure: ₹26,22,065
Company Response and Status
- The company is currently examining the observations made in the notice
- Preparing to submit detailed reply with necessary supporting documents within prescribed timeline
- At present stage, the notice is characterized as a scrutiny notice seeking clarification
- No demand, penalty, or adverse order has been passed against the company
Financial Impact Assessment
As per the disclosure, no financial impact can be ascertained at present since the notice does not impose any tax demand, interest, penalty, or other adverse direction upon the company. The notice is in the nature of seeking clarification.