Awfis Space Solutions Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
AWFIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awfis Space Solutions received final orders from the GST Department on May 12, 2026, concluding multi-year tax disputes. The GST Department dropped demands totaling approximately INR 7.61 crore across FY 2019-20 to FY 2024-25. For the latest updates (FY 2020-21, 2021-22, and 2022-23), demands of INR 4.64 crore were dropped, with only nominal interest totaling INR 55,568 remaining, which has been paid. All GST proceedings against the company have now been concluded with demands fully dropped.
This is a positive development for shareholders as the company successfully defended against GST demands worth over INR 7.6 crore. The resolution eliminates uncertainty around potential tax liabilities, strengthening the company's financial position.