ScoutQuest12 Oct 2026
Voltas500575Tax or GST

GST Authority drops show cause notice, grants complete relief to the company

Complete relief in a GST matter.

Tax sought in GST notice
₹15.43 crores
Interest and penalty sought
₹14.79 crores
Order date dropping notice
9th October, 2026

What the update covers

The company has given an update on its earlier intimation to the exchanges dated 21st September, 2026, which concerned a Show Cause Notice dated 18th September, 2026 from the Office of the Deputy Commissioner State Tax, Andheri East, Mumbai, Maharashtra, under the Central Goods and Services Tax Act, 2017 read with the Maharashtra Goods and Services Tax Act, 2017 and the Integrated Goods and Service Tax Act, 2017.

What the notice had alleged

How the matter ended

Based on the detailed submissions made by the company, the GST Authority, vide its Order dated 9th October, 2026, accepted the company's contention and dropped the Notice, thereby granting complete relief to the company.

On the timing of this disclosure

The Order was received after office hours on Friday, 9th October, 2026, and the company shared this disclosure on Monday, 12th October, 2026, being the first working day after receipt of the Order.

What a show cause notice means

A show cause notice is a preliminary communication in which the authority asks why the stated amount should not be demanded. It is not a final order of demand. In this case, the authority dropped the Notice and granted complete relief, so the tax, interest and penalty amounts referred to in the Notice were not imposed.

More numbers
  • Tax amount the notice enquired about₹15.43 crores
  • Interest and penalty sought in the notice₹14.79 crores
Source: BSE · 12 Oct 2026

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