Parmeshwar Metal Ltd received a GST Order dated April 15, 2026, confirming a total demand of ₹7.66 Crore (tax, interest, and penalties).
The demand from Gujarat tax authorities is for ₹1.59 Crore tax and ₹6.07 Crore penalties related to alleged inadmissible Input Tax Credit.
The company states it will file an appeal, viewing the order as meritless and expects no material financial or operational impact.