Mawana Sugars Unit Faces ₹12.94 Lakh GST Demand

Mawana Sugars Ltd has received a notice from the Office of the Joint Commissioner (Tax Audit), State Tax, Meerut, Uttar Pradesh, demanding ₹12,94,107. This demand arises from audit findings following a GST departmental audit for the financial year 2022-23, impacting its Nanglamal unit. The demand comprises ₹10,14,716 in tax liability, ₹386 in interest, and ₹2,79,005 in other charges. The company stated there will be no significant financial implication beyond this amount and intends to file an appeal against the notice within the stipulated time period.