G R Infraprojects Receives ₹321.6 Cr GST Show Cause Notice

G R Infraprojects Ltd has received a show cause notice (DRC-01) from the Office of the Joint Commissioner of State Tax, Ratlam Division, Indore, Madhya Pradesh. The notice, issued under Section 74 of the CGST Act, 2017 & MPGST Act, 2017, pertains to the tax period April 2020 to March 2021. It alleges discrepancies including excess/ineligible input tax credit and mismatches in e-way bill and GSTR-3B data. The proposed demand aggregates to ₹321.60 crore, encompassing tax, interest, and penalty. The company is preparing its response and believes it has strong grounds to defend its position, not currently anticipating any material financial impact.