GST order for FY 2020-21 and FY 2021-22: tax of Rs. 25,61,400 and equal penalty; company says no material impact

Order received from Central Goods & Service Tax Department.

Fri 9 Oct 2026

Amount Involved

Rs. 25,61,400

Penalty

Rs. 25,61,400, plus applicable interest

Period Covered

FY 2020-21 and FY 2021-22

Tax order disclosed to the exchanges

The company informed the stock exchanges about an order it received from the Central Goods & Service Tax Department. The disclosure sets out who issued the order, what it relates to, and how much is involved.

• Authority: Central Goods & Service Tax Department, Office of the Assistant Commissioner, Division-VIII, Ankleshwar, Vadodara-II Commissionerate
• Order: dated 8th October 2026, passed under Section 74(1) of the CGST Act, 2017
• Period covered: FY 2020-21 and FY 2021-22
• Date of receipt: 8th October 2026 around 6.00 pm

The amounts stated

• Amount involved: Rs. 25,61,400
• Penalty: Rs. 25,61,400
• Applicable interest is also mentioned, in addition to the above

What the company has said about the impact

• There is no material impact on financials
• There is no impact on operations or other activities of the company due to the intimation of tax payable
• The order is currently appealable and the company will make an assessment to exercise the right to appeal

How to read this

This is a disclosure of a tax order covering two earlier financial years. The company has given its own view that the impact on financials is not material and that there is no impact on operations. The amounts stated — the tax amount, the penalty of the same size, and applicable interest — are the figures a reader can weigh against that statement.

The update also notes that the order can be appealed, and that the company will assess whether to exercise that right. Whether an appeal is shared, and how it is decided, are the next points to watch.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.