GST Show Cause Notice of about Rs. 17.53 Crore received for FY 2022-23
A GST Show Cause Notice dated 28-09-2026 was received from the Deputy Commissioner of State Tax, Bhiwandi, Mumbai.
- Notice Date
- 28-09-2026
- Authority
- Deputy Commissioner of State Tax, Bhiwandi, Mumbai
- Total Proposed Demand
- Rs. 17.53 Crore
- Tax Component
- Rs. 8.05 Crore
- Interest and Penalty
- Rs. 7.78 Crore interest, Rs. 1.70 Crore penalty
What happened
The company disclosed receipt of a Show Cause Notice / Demand Notice under GST law dated 28-09-2026, issued by the Deputy Commissioner of State Tax, Bhiwandi, Mumbai, for Assessment Year 2022-23.
The allegation
The GST Department alleges excess availment of Input Tax Credit (ITC) in GSTR-3B compared with GSTR-2B for FY 2022-23, and proposes tax, interest and penalty on it. The notice also records that no response was furnished by the taxpayer; the company states it had already submitted its response and representations, which appear not to have been considered.
Amounts proposed
- Total proposed demand: approximately Rs.17.53 Crore
- Tax: Rs. 8.05 Crore
- Interest: Rs. 7.78 Crore
- Penalty: Rs. 1.70 Crore
Status and company response
The matter is at the notice stage and no final order has been passed. No final penalty, restriction or sanction has been imposed as of the date of the disclosure. The company is evaluating the notice and is in the process of update a detailed response within the prescribed timeline, stating it believes it has valid grounds to substantiate its position and will pursue appropriate legal remedies.
How to read this
A show cause notice is a proposal by the tax authority, not a confirmed liability. The company has said the financial impact, if any, will depend on adjudication and disposal of the matter by the appropriate authority. Investors may watch for the outcome of the adjudication.
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More numbers
- Total proposed demandRs.17.53 Crore
- Tax componentRs. 8.05 Crore
- Interest componentRs. 7.78 Crore
- Proposed penaltyRs. 1.70 Crore
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