GST order of about Rs 2.08 crore from UP tax authority; company to appeal

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AI summary

Assistant Commissioner, Ghaziabad, Meerut issued a GST order (DRC-07) on Dec 17, 2025, demanding Rs. 1.89 crore in tax, Rs. 18.9 lakh penalty, and applicable interest under Section 73 of CGST/UPGST Act. The dispute relates to reconciliation in GSTR-9 Table 8C not considered by the officer. The company states no financial or operational impact and will file an appeal, noting it did not claim excess ITC.

Likely market impact

Tax demand of about Rs 2.08 crore plus interest; company disputes the order and will appeal. Minimal material impact expected.