ScoutQuest29 Sep 2026
Vikran Engineering544496Show cause notice

GST Show Cause Notice received for FY 2022-23 over TDS turnover mismatch

Company received a GST Show Cause Notice (Form DRC-01A) from the Deputy Commissioner, State Tax, Jaipur-IV, for FY 2022-23 over a GST TDS turnover mismatch.

Tax Demand
Rs. 45,079,720.00
Interest
Rs. 28,389,108.00
Penalty
Rs. 4,507,972.00
Notice Type
Form DRC-01A
Period
FY 2022-23

What happened

The company informed the exchanges that it has received a Show Cause Notice in Form GST DRC-01A from the Office of the Deputy Commissioner, State Tax, Circle-Vaishali Nagar, Jaipur-IV. The notice was dated and received on 29th September 2026.

The notice is issued under sections 73, 50, 16, 122, 59 and 160 of the RGST Act 2017 read with the CGST Act 2017 and section 20 of the IGST Act 2017.

The allegation

A DRC-01A is an intimation stage communication — the department sets out what it believes is payable and gives the taxpayer a chance to respond before a formal demand order is passed.

Amounts involved

Company's stand

The company states it does not foresee any material impact on its financial, operational or other activities. It will file detailed objections/reply against the show cause notice before the State Tax Officer and says it has a strong case on merits.

How to read this

This is a tax proceeding at the notice stage, not a final adjudicated liability. The outcome will depend on the department's view after the company's reply. Investors typically watch such matters for any subsequent order confirming, reducing or dropping the amounts.

More numbers
  • Tax demand raisedRs. 45,079,720.00
  • InterestRs. 28,389,108.00
  • Penalty raisedRs. 4,507,972.00
Source: BSE · 29 Sep 2026

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