Nature of the Event
Kallam Textiles Limited has received a Show Cause Notice from the Office of the Additional Commissioner (S.T), Vijayawada, Andhra Pradesh under Section 73(1) of the Andhra Pradesh Goods and Services Tax Act, 2017.
Key Quantitative Figures
The notice demands payment of Tax, Interest, and Penalty amounting to ₹4,97,70,714 (approximately ₹4.97 crore).
Dates of Action
The Show Cause Notice is dated 27th August 2026 and was received by the company on the same date. The reference number for the notice is ZD3708260460771.
Parties Involved
- Issuing Authority: Office of the Additional Commissioner (S.T), Vijayawada, Andhra Pradesh
- Recipient: Kallam Textiles Limited
Details of Alleged Violation
The notice alleges non-payment of Tax, Interest and Penalty for the financial year 2020-21 under the APGST Act, 2017.
Financial Impact
The financial impact is quantified as ₹4,97,70,714, comprising tax demand, interest and penalty. The company states that it does not agree with the Show Cause Notice and will take appropriate action(s) in response.
Company Status Note
The document indicates that Kallam Textiles Limited is currently "under CIRP" (Corporate Insolvency Resolution Process).
#Tags: #KallamTextiles #GSTNotice #SEBIDisclosure #RegulatoryCompliance #Negative