V-Guard Receives ₹17.76 Crore GST Audit Report

V-Guard Industries disclosed receipt of a final GST audit report from the Assistant Commissioner, CGST-Audit Circle, Kashipur.
The report identifies a short payment of GST amounting to ₹17.76 crore for FY 2020-21 to 2023-24, with interest and penalty not yet quantified.
The company states it is evaluating the report and will rebut the observations, clarifying this is not a final demand order.