GST notice under Section 73(1) for FY2022-23: total demand stated at 82,976,414.10/- including interest and penalty
Interarch Building Solutions disclosed a GST notice (DRC-01, FY2022-23) U/s 73(1) from Punjab GST authorities over GSTR 1 and e-way bill sales mismatch and blocked credit ITC.
- Total stated impact
- 82,976,414.10/- incl. interest and penalty
- Basic
- 45,591,436.32
- Interest
- 32,825,834.15
- Penalty
- 45,59,143.63
- Notice type / period
- DRC-01, FY2022-23, U/s 73(1), Punjab GST authorities
Interarch Building Solutions has disclosed a GST notice to the stock exchanges under Regulation 30 of the SEBI Listing Regulations, with the details placed in Annexure-I of its letter. The letter is signed by Managing Director Arvind Nanda.
What the notice is
- Notice U/s 73(1) of the Central Goods and Services Tax Act, 2017 (Punjab GST Act, 2017).
- Issued by Heena Talwar, Assistant Commissioner, Jurisdiction Mohali-1, Ropar, Punjab.
- Received on 01.10.2026, online on the GST Portal.
- It is a DRC-01 for FY2022-23.
What the notice cites
- Mismatch of sales declared in GSTR 1 and e-way bill issued.
- ITC claimed on supplies under section 17(5) blocked credit.
The amounts stated
- Total: 82,976,414.10/-
- Basic: 45,591,436.32
- Interest: 32,825,834.15
- Penalty: 45,59,143.63
The disclosure states this total as the impact on the company's financial, operational or other activities, quantified in monetary terms. The figure is shown as a combination of basic tax, interest and penalty, and it relates to FY2022-23.
What to keep in mind
- The communication disclosed is a notice under section 73(1), and the amount shown is the sum stated in that notice together with interest and penalty.
- The company has placed the facts of the notice and the amounts on record through this exchange update.
Also from Interarch Building Solutions
Interarch secures ~Rs.61 crore domestic order for Pre-Engineered Steel Building System at Gujarat copper refinery
6 Oct 2026
Interarch Building Solutions discussed new Andhra Pradesh heavy structures plant ramp-up, QIP fundraise and order book growth outlook
1 Oct 2026
Interarch Building Solutions has started commercial production at phase one of its new Andhra Pradesh facility and secured a new data center order
1 Oct 2026
More numbers
- Total amount stated in the GST notice (Basic + Interest + Penalty)82,976,414.10/-
- Basic amount stated in the GST notice45,591,436.32
- Interest component stated in the GST notice32,825,834.15
- Penalty component stated in the GST notice45,59,143.63
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