Praveg Limited received Show Cause Notice from GST Authorities dated March 26, 2026, alleging wrongful input tax credit claims.
Notice involves INR 19.1 lakh plus interest/penalty for FY 2020-21 due to ITC claims on invoices from suppliers with cancelled GST registrations.
Company believes it complied with GST laws and is preparing response to be filed within prescribed timelines.
Disclosure made under SEBI LODR Regulation 30 regarding receipt of regulatory notice with potential financial implications.