STOCKWATCH
·
Garments & Apparels
Legal3 Mar 2026, 05:21 pm

Active Clothing Co Ltd Receives Tax Ascertainment Order from Ludhiana CGST Commissionerate for Tax Period 2019-20 to 2023-24

AI Summary

Active Clothing Co Ltd has received an order from the Joint Commissioner, Office of Principal Commissioner, CGST Commissionerate, Ludhiana for tax periods 2019-20 to 2023-24. The order initiates tax payment under section 74 of the CGST/SGST Act, 2017. The company has already fulfilled a liability of INR 2,36,054/- and deposited a penalty of INR 7,04,090/-. The total tax ascertained along with penalty amounts to INR 3,05,24,17/-.

Key Highlights

  • Active Clothing Co Ltd received an order from Ludhiana CGST Commissionerate for tax periods 2019-20 to 2023-24
  • Order initiates tax payment under section 74 of the CGST/SGST Act, 2017
  • Company has already fulfilled a liability of INR 2,36,054/-
  • Penalty of INR 7,04,090/- has been deposited
  • Total tax ascertained along with penalty amounts to INR 3,05,24,17/
ACTIVE
Garments & Apparels
Active Clothing Co Ltd

Price Impact