StockWatch
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Industrial Products
Tax & Penalty14 Jul 2026, 07:20 pm

Harish Textile Engineers Receives GST Notice for FY23 Returns

AI Summary

Harish Textile Engineers Ltd has received a notice (Form GST ASMT-10) from the Assistant Commissioner of State Tax, Nashik, regarding discrepancies in Input Tax Credit (ITC) claimed for FY 2022-23. The notice stems from a scrutiny of the company's GSTR-3B returns for the period April 2022 to March 2023. The company has been asked to provide an explanation and supporting documents by August 14, 2026. Harish Textile Engineers is currently examining the observations and preparing a detailed reply. At this stage, the notice is purely for clarification, and no demand, penalty, or adverse order has been issued.

Key Highlights

  • Received GST notice for FY23 returns from Assistant Commissioner of State Tax.
  • Notice concerns discrepancies in Input Tax Credit (ITC) claims.
  • Company to submit explanation and documents by August 14, 2026.
  • No financial impact or penalty has been imposed at this stage.