Prudent Corporate Advisory received a GST notice from DGGI Ahmedabad for FY 2021-23 alleging ineligible input tax credit.
The notice demands ₹3.72 crore tax plus interest and penalty under Section 74 of CGST/SGST/IGST Act 2017.
Company states no material financial or operational impact anticipated and will respond within prescribed timelines.
Disclosure made under SEBI LODR Regulation 30 as a regulatory compliance requirement.