Vikran Engineering Receives GST Demand Notice of ₹5.34 Cr

Vikran Engineering Ltd has received a Demand Cum Show Cause Notice (SCN) from the Office of Additional Commissioner, CGST & CX, Patna-I, under Section 73 of the CGST Act, 2017. The notice, dated September 22, 2026, pertains to the Financial Year 2022-23 and raises a tax demand of ₹5,34,45,785 and a penalty of ₹53,44,579. The alleged violations include discrepancies between GSTR-2A and GSTR-3B, non-payment of tax on reverse charge basis, and turnover differences as per TDS supplies. The company stated that it does not foresee any material impact on its financial or operational activities and will respond within the specified timeframe.