Company Disclosures: GST Order Receipt

Details of the GST Order and Investigation

  • Investigation Authority: Sr. Joint Commissioner, Directorate of Revenue Intelligence and Enforcement, West Bengal (DRI&E, WB).
  • Date of On-Spot Enquiry: 16th September, 2026.
  • Location of Enquiry: Bangur Archade, 65, Sir Hariram Goenka St, Kolkata-07.
  • GSTIN of Company: 19AAJCS5728B1Z9
  • Enforcement Case ID: AD190926009990L
  • Period Under Scrutiny: Financial Years 2023-24, 2024-25 & 2025-26.
  • Business Activity: Manufacturing and trading of sarees, taxable at 5%.

Key Observations from the Order

A. Stock Mismatch on Date of Enquiry (15.09.2026):

  • Stock computed from final accounts: ₹22,50,37,02,800.00
  • Stock as per regular books of account: ₹18,71,91,056.00
  • Additional discrepancies noted:
  • Opening stock as on 01.04.2026 was reported as ₹22,81,84,000.00 but found to be ₹28,81,84,000.00.
  • Inward supply of goods pending for recording: ₹5,05,66,515.91 (as per invoices).
  • Value of goods lying with job-workers was reported as ₹75,36,925.00 but actual value was determined to be approximately ₹18,84,23,125.00.

B. Outward Supply (Turnover) Mismatch:

A reconciliation of outward supply for the period 01.04.2026 to 15.09.2026 was performed, resulting in a computed figure of ₹81,83,40,751.91, which matched the outward supply register figure of ₹81,83,40,752.00.

C. Taxable Value Discrepancy (FY2024-2026):

The order identified differences between the taxable value of outward supply as per audited final accounts versus GST returns.

| Financial Year | Audited Value (A) | GST Return Value (B) | Difference (A-B) | CGST Tax @5% | SGST Tax @5% |

| 2023-2024 | ₹1,97,55,39,662.00 | ₹1,95,55,75,647.00 | ₹1,99,64,015.00 | ₹4,99,100.38 | ₹4,99,100.38 |

| 2024-2025 | ₹1,93,43,56,000.00 | ₹1,93,20,01,665.00 | ₹23,54,335.00 | ₹58,858.38 | ₹58,858.38 |

| 2025-2026 | ₹2,12,39,90,000.00 | ₹2,12,14,92,372.00 | ₹24,97,628.00 | ₹62,440.70 | ₹62,440.70 |

| Total Tax Due | | | | ₹6,20,399.46 | ₹6,20,399.46 |

D. Credit Notes:

The order noted that the company had issued credit notes for sales returns, rate differences, and trade discounts, which were found to be within the scope of Section 34 of the WBGST Act, 2017.

Payment of Dues

The company paid the entire demanded amount of tax, interest, and penalty under Section 74 (for 2023-24) and Section 74A(9) (for 2024-25 & 2025-26) on 06th October, 2026.

The breakdown of payments is as follows:

For Financial Year 2023-2024:

  • Tax: CGST ₹4,99,101.00, SGST ₹4,99,101.00
  • Interest: CGST ₹75,578.00, SGST ₹75,578.00
  • Penalty: CGST ₹74,866.00, SGST ₹74,866.00
  • ARN: AD1910260016568
  • Date: 06.10.2026
  • Ref No.: DC1910260012208/DI1910260006461

For Financial Year 2024-2025:

  • Tax: CGST ₹58,859.00, SGST ₹58,859.00
  • Interest: CGST ₹7,650.00, SGST ₹7,650.00
  • Penalty: CGST ₹8,829.00, SGST ₹8,829.00
  • ARN: AD191026001663D
  • Date: 06.10.2026
  • Ref No.: DC1910260012233

For Financial Year 2025-2026:

  • Tax: CGST ₹62,441.00, SGST ₹62,441.00
  • Interest: CGST ₹3,788.00, SGST ₹3,788.00
  • Penalty: CGST ₹9,367.00, SGST ₹9,367.00
  • ARN: AD1910260016683
  • Date: 06.10.2026
  • Ref No.: DC1910260012246

Total Amount Paid: Approximately ₹12.40 Lakh (₹6,20,399.46 tax + ₹1,74,032.00 interest + ₹1,86,124.00 penalty).

Conclusion

The matter has been resolved with the full payment of all dues as demanded by the GST order. The financial impact has been quantified and settled.