Purple Wave Infocom clarifies DGGI SCN on GST classification

Purple Wave Infocom Limited issued a corrigendum clarifying a previous disclosure regarding a Show Cause Notice (SCN) received from the Directorate General of GST Intelligence (DGGI). The company stated that the SCN is a preliminary communication concerning a difference in interpretation of GST classification (HSN), not a final demand or finding of fraud. Purple Wave Infocom categorically denies all allegations of tax evasion, maintaining its classification is compliant based on legal advice and industry practices. The company is preparing a comprehensive, evidence-based reply and expects the dispute to be resolved in its favor. This development is considered a routine tax-related classification dispute with no material impact on the company's operations or business continuity.