GIGreenlam Industries538979Tax or GST

Himachal Pradesh High Court quashes GST Show Cause Notice of Rs. 7.68 Crore

Greenlam Industries said the Himachal Pradesh High Court has quashed a GST Show Cause Notice that had sought tax and penalty totalling Rs. 7.68 Crore, plus applicable interest.

By ScoutQuest · Wed 4 Nov 2026, 5:12 PM IST · 1 min read

GST demand quashed - tax and penalty amount

Rs. 7.68 Crore

Court

Himachal Pradesh High Court

Stated impact

no financial or operational impact

What the company disclosed

• The company had earlier informed the exchanges about a Show Cause Notice (SCN) issued under Section 74 of the Central Goods and Services Tax Act, 2017.
• The notice was for recovery of tax and imposition of penalty, total aggregating to Rs. 7.68 Crore, along with applicable interest.
• It related to incorrect refund of IGST for three periods: Oct.-18 to Mar.-19, Apr.'19 to Mar.-20, and Apr.'20 to Mar.-21.

What the court did

• The company shared a writ petition before the Hon'ble High Court of Himachal Pradesh challenging the validity of the SCN.
• By an order pronounced on November 3, 2026, the High Court allowed the writ petition and quashed the SCN.
• As a result, the proceedings started against the company through that SCN stand terminated.

What it means in simple terms

• A show cause notice is a formal demand to explain why tax and penalty should not be recovered. Here the amount involved was Rs. 7.68 Crore plus interest.
• With the notice quashed, that demand no longer stands and the related proceedings are over.
• The company has stated that there is no financial or operational impact on it due to this order.

Points a retail investor may note

• This is an update to an earlier disclosure, not a fresh demand or a new notice.
• The outcome comes from a court order in the company's favour, and the company's own statement is that the order carries no financial or operational impact.
• The disclosure names the three tax periods the original notice covered, which helps identify exactly which refunds were in question.

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