Tax & Penalty5 Nov 2026, 03:26 pm
Thermax Ltd Receives ₹53.47 Lakh GST Penalty Order
AI Summary
Thermax Limited has received an Assessment Order from the Joint Commissioner Central GST Pune I, imposing a penalty of ₹53.47 lakhs. This penalty is due to the delayed reporting of Tax Invoices for supplies made during the Financial Year 2022-23. The company plans to file an appeal against this demand. The order was received on November 04, 2026.
Key Highlights
- Thermax received a GST Assessment Order from Joint Commissioner Central GST Pune I.
- A penalty of ₹53.47 lakhs has been imposed.
- The penalty is for delayed reporting of Tax Invoices for FY 2022-23.
- Thermax intends to file an appeal against the order.
Price Impact
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