Ucal receives GST show cause notice; no material impact expected

Ucal Ltd has received a show cause notice from the Assistant Commissioner (ST), Ambattur Assessment Circle. The notice requests invoice-wise details of Input Tax Credit (ITC) claimed and reversed for the financial year 2023-2024. The company received the notice on April 24, 2026. Ucal Ltd has clarified that there is no material impact on its financial, operational, or other activities due to this notice. The company believes the show cause notice has no merits and intends to furnish the required details and evidence to the GST Authority within the stipulated timelines.