Tax & Penalty9 Sept 2026, 05:20 pm
Sedemac Mechatronics Receives GST Orders; ₹40,036 Demand for FY23
AI Summary
Sedemac Mechatronics Limited has received orders from the Commercial Taxes Department of Tamil Nadu concerning GST Show Cause Notices. For the financial year 2022-23, an order was received for a demand of ₹40,036 under Section 73 of the CGST/SGST Act, 2017, against an initial notice of ₹83,67,448. The remaining allegations for FY23 were dropped. For the financial year 2023-24, the GST notice and subsequent order were entirely dropped by the department. The company has also stated that the intimation will be uploaded to its website.
Key Highlights
- Received GST orders from Tamil Nadu Commercial Taxes Department.
- ₹40,036 demand confirmed for FY 2022-23; other allegations dropped.
- GST notice and order for FY 2023-24 were dropped by the department.
- The company will upload this intimation to its website.
Price Impact
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