NIS Management Limited received a GST ASMT-10 notice on April 22, 2026, alleging discrepancies in FY 2022-23 returns.
The notice cites excess ITC claims, revenue-turnover mismatches, and non-reversal of ITC under Rules 42 and 43.
Company is preparing a response via Form GST ASMT-11 and states no material financial impact is currently ascertainable.
Disclosure made pursuant to SEBI LODR Regulation 30 and Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123.