VST Tillers Tractors Ltd. Clarifies Reduced Final GST Assessment Order Demand to ₹37.30 Lakhs

VST Tillers Tractors Ltd. has clarified the final assessment order under Section 73 of the Goods and Services Tax Act, 2017 issued by the Assistant Commissioner, GST, Tamil Nadu. The demand has been reduced to ₹37.30 lakhs from the initial demand of ₹6,736.73 lakhs. The company became aware of the matter upon receipt of the information on 2nd April 2026, and the disclosure was made to the Stock Exchanges on the same day. The delay in disclosure, if any, was neither deliberate nor intentional. The payment of the final demand of ₹37.30 lakhs is the only material impact.