Announced Fri, 16 Oct, 2026 · 19:03 IST

Personal hearing set in GST show cause notice matter

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

The company has received a communication for a personal hearing on 22 October 2026 from the Central GST and Central Excise Commissionerate, Surat. This relates to a show cause notice dated 3 February 2026 alleging short payment of GST due to lower tax rates applied under Section 74 of the CGST Act. The company says the demand is not maintainable, has already submitted its reply, and does not expect any material impact on its finances or operations.

Likely market impact

Hearing is procedural; company contests demand and sees no material financial or operational impact.