ScoutQuest23 Oct 2026
Indian Railway Finance Corporation543257Tax or GST

GST authority passes Nil demand order; show cause notice of Rs. 549.32 crore dropped

GST Authority (Assistant Commissioner of State Tax, Delhi Zonal Unit) has passed an order on 23.10.2026 for Nil demand.

By ScoutQuest · · 1 min read

Order Date
23.10.2026
Demand Confirmed
Nil demand
Show Cause Notice Dropped
₹549.32 crores

Tax proceedings update

What this means in simple words

A show cause notice is a notice from a tax authority asking the company to explain why a stated tax amount should not be demanded. Here, the authority has now passed an order for Nil demand, which means no demand has been confirmed in this matter, and the notice stands dropped.

Other points in the disclosure

How to read it

The disclosure centres on one figure: a show cause notice of ₹549.32 crores that has been dropped following a Nil demand order. The company has disclosed this under the exchange's listing disclosure requirements as a development in the status of the proceedings.

More numbers
  • Show cause notice amount dropped₹549.32 crores
  • Demand confirmed in the orderNil demand
Source: BSE · 23 Oct 2026

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