StockWatch
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Residential- Commercial Projects
Tax & Penalty2 Jul 2026, 06:50 pm

Purohit Construction Loses GST Appeal, ₹4.16 Cr Demand Upheld

AI Summary

Purohit Construction Ltd has announced that its appeal against an Order-in-Original from CGST, Ahmedabad has been dismissed by the Commissioner (Appeals). The original order confirmed a GST demand of ₹2.08 Crores and an equivalent penalty of ₹2.08 Crores, totaling ₹4.16 Crores. The company is evaluating the order and considering further legal remedies, including an appeal to the GST Appellate Tribunal. The demand pertains to the financial year 2017-18, related to wrongful availment of Input Tax Credit (ITC).

Key Highlights

  • Purohit Construction's appeal against CGST order dismissed.
  • GST demand of ₹2.08 Cr and penalty of ₹2.08 Cr upheld.
  • Total liability stands at ₹4.16 Crores.
  • Company exploring further legal options.
  • Issue relates to wrongful ITC availment for FY 2017-18.