VMS Industries Ltd Receives GST Order-in-Original: Demand of ₹ 2294.40 Lakhs for FY 2024-25

VMS Industries Ltd has received an Order-in-Original No. BHV-GST-000-JC-CK-352-2025-26-1417 dated 31-03-2026 passed by the Joint Commissioner, Central Goods & Services Tax, Bhavnagar. The order is in relation to a Show Cause Notice Bearing No. CGST-BVR/AE/261/2025-26 dated 02.08.2025. The demand represents approximately 7.95% of the Company’s turnover for FY 2024-25. The Company is evaluating the Order and shall file an appeal before the appropriate appellate authority within the prescribed timeline. The demand includes ₹ 764.80 Lakhs as tax, ₹ 0 as interest, and ₹ 1529.60 Lakhs as penalty. The total amount confirmed is ₹ 2294.40 Lakhs.