SETL Receives GST Demand Order ₹3.16 Cr

Standard Engineering Technology Limited received a GST demand order dated March 30, 2026 from Telangana tax authorities for FY 2019-20.
The demand of ₹3,16,42,395 relates to difference in taxable value compared to E-waybills under Section 74 of CGST/TGST Act, 2017.
The company states no financial or operational implication and plans to file an appeal before the appropriate appellate authority.
The underlying Show Cause Notice was previously disclosed in the company's Red Herring Prospectus dated December 30, 2024.