GST Show Cause Notice of Rs. 2,06,93,890 received over excess Input Tax Credit for FY 2022-23
A Show Cause Notice under Section 73 of the CGST and Maharashtra GST Act, 2017 has been received from the Deputy Commissioner of State Tax, Mumbai.
By ScoutQuest · · 1 min read
- Notice Type
- Show Cause Notice under Section 73 of the CGST and Maharashtra GST Act, 2017
- Amount in Question
- Rs. 2,06,93,890/-
- Issue
- Excess Input Tax Credit claimed in GSTR-3B/9 for the period 2022-23
- Response Deadline
- 23 October 2026
- Issuing Authority
- Deputy Commissioner of State Tax, Mumbai
What happened
The Company disclosed under Regulation 30 that on 25 September 2026 it received a Show Cause Notice (SCN) from the Office of the Deputy Commissioner of State Tax, MUM-NOD-E-1204 (Sakinaka_506), Nodal-12, Zone-IV, Mumbai.
The notice is issued under Section 73 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017.
The issue
- The matter concerns excess Input Tax Credit claimed in GSTR-3B/9 for the period 2022-23.
- The amount involved is Rs. 2,06,93,890/- (Rupees Two Crore Six Lakhs Ninety Three Thousand Eight Hundred Ninety Only).
- The Company is required to show cause before the Deputy Commissioner within 23 October 2026.
Simply put
Input Tax Credit is the GST a business has already paid on its purchases, which it can set off against the GST it collects. The tax office believes more credit was claimed than allowed for that year and has asked the Company to explain, before deciding whether a demand stands.
Company's position
- Based on its own assessment, the Company states the demand is not maintainable.
- It is evaluating the matter and will submit its reply within the prescribed time period.
- It does not envisage any relevant impact on the financial, operations or other activities of the Company.
What investors may note
This is a notice at the show cause stage, not a final order or a confirmed liability. The outcome will depend on the reply shared and the tax authority's decision.
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More numbers
- Amount under Show Cause NoticeRs. 2,06,93,890/-
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