GST show cause notice of INR 26,37,65,281.41 received for FY 2022-23

The company received a GST show cause notice from the Deputy Commissioner (SGST), Ghaziabad I, UP on September 29, 2026, based on scrutiny of FY 2022-23 GST returns.

Wed 30 Sep 2026

GST Demand Amount

INR 26,37,65,281.41

Penalty Included

INR 2,39,78,661.93

Financial Year Covered

FY 2022-23

Notice Date

September 29, 2026

Authority

Deputy Commissioner (SGST), Ghaziabad I, UP

What happened

The company received a show cause notice from the Deputy Commissioner (SGST), Sector-7, Ghaziabad I, Uttar Pradesh, issued under Section 73 of the UPGST/CGST Act, 2017, on September 29, 2026. It follows scrutiny of the company's GST returns for FY 2022-23.

Amounts involved

• Total demand: INR 26,37,65,281.41 (rounded off as INR 26,37,65,282)
• Included penalty: INR 2,39,78,661.93
• Period covered: Financial Year 2022-23

Company's position

• The company is in the process of replying to the notice and contesting the demand and allegations.
• Its ground is that the authority has not considered GST liability already discharged on deemed supplies, exports under Letter of Undertaking (LUT) and Reverse Charge Mechanism for FY 2022-23.
• Submissions supported by documentary evidence will be shared within the timeline stated in the notice.
• The company states that at present it does not envisage any financial, operational or other implications.
• Aberrations/non-compliances identified by the authority are stated as NIL in the disclosure.

What this means for investors

A show cause notice is a first-stage communication in which a tax authority asks a company to explain why a demand should not be confirmed. It is not a final order. The outcome depends on the authority's view after the company's reply, and the matter can move to appeal stages. Investors can watch for further updates on the adjudication of this notice.

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.