Announced Fri, 3 Apr · 17:46 IST
GST show cause notice personal hearing scheduled
Regulatory & Legal View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹36.42
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.3-1.2+1.6+3.7+9.8+14.5+9.0+9.8+5.2+3.9
Up moveDown movePending
AI summary
Abril Paper Tech received a communication for a personal hearing on April 7, 2026 from the Additional Commissioner, CGST & Central Excise, Surat, regarding a show cause notice dated 03.02.2026. The notice alleges short payment of GST due to lower tax rates applied, issued under Section 74(1) & 74A(1) of the CGST Act, 2017. The company says the demand is not maintainable, will submit its reply within the prescribed time, and does not foresee any material impact on financials or operations.
Likely market impact
Tax dispute pending; company confident demand is not maintainable and sees no material financial or operational impact.