Tax & Penalty17 Jul 2026, 06:50 pm
Harish Textile Engineers Receives GST Notice for ₹9.09 Lakh Short Payment
AI Summary
Harish Textile Engineers Ltd has received a Show Cause Notice (SCN) from the Goods and Services Tax (GST) department for the financial year 2022-23. The notice alleges a short payment of tax amounting to ₹9,09,220 due to discrepancies between E-Way Bills and GSTR-1 filings, and an excess availment of Input Tax Credit (ITC). The company also faces proposed interest of ₹6,20,561 and penalties of ₹10,92,284. Harish Textile Engineers is currently reviewing the notice and preparing a detailed response within the stipulated timeframe. The company emphasizes that this is a scrutiny notice and no demand, penalty, or adverse order has been passed yet.
Key Highlights
- GST notice received for FY 2022-23 alleging short payment and excess ITC.
- Proposed tax demand, interest, and penalties total over ₹26 Lakhs.
- Company is examining the notice and preparing a response.
- Currently, no financial impact as it's a scrutiny notice.
Price Impact
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