
Tax & Penalty28 Sept 2026, 07:01 pm
Sapphire Foods gets GST show cause notice for ₹21.45 Mn
AI Summary
Sapphire Foods India Ltd has received a show cause notice from the Deputy Commissioner of State Tax, Ghaziabad, Uttar Pradesh. The notice, dated September 28, 2026, was issued under Section 73 of the Uttar Pradesh GST Act 2017 for the period April 2022 to March 2023. It alleges a short payment of GST amounting to INR 21.45 million, identified through scrutiny of GST returns. The company asserts that the claim is not maintainable and anticipates no material impact on its financial, operational, or other activities. Sapphire Foods is currently evaluating the notice and plans to take necessary steps to respond.
Key Highlights
- Sapphire Foods received a GST show cause notice.
- Notice alleges ₹21.45 Mn short payment for FY23.
- Company disputes claim, expects no material impact.
- Management is evaluating the notice and will respond.
Price Impact
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