Key Quantitative Figures

  • Original appeal amount: ₹30,06,078
  • Relief granted by appellate authority: ₹5,36,600
  • Outstanding GST demand: ₹11,85,080
  • Outstanding interest: ₹11,66,116
  • Outstanding penalty: ₹1,18,282
  • Total outstanding amount: ₹24,69,478 (sum of GST, interest, and penalty)

Dates of Action

  • Date of receipt of appellate order: 16 September 2026
  • Date of intimation to exchange: 17 September 2026

Parties Involved

  • Authority: Office of the Commissioner of State Indirect Tax, Gujarat GST Department

Nature of Violation

ITC (Input Tax Credit) Claimed not shown in GSTR 2B

Financial Impact Assessment

The disclosure states two seemingly contradictory positions:

1. Quantifiable monetary impact: GST demand of ₹11,85,080, interest of ₹11,66,116, and penalty of ₹1,18,282

2. Explicit statement: "There is no material impact on financial, operation or other activities of the Company due to the said Order"

Company Response and Future Course of Action

The Company intends to pursue a further appeal against the said Order before the appropriate authority.