Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para B of Part A of Schedule III thereto, this is to inform that the Company, on April 30, 2026, received orders from GST Department.
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 under Section 74 of the GST Act (DRC-07 form). For FY 2019-20, a demand of Rs. 58.67 lakh was dropped on March 23, 2026. For FY 2023-24 and FY 2024-25, demands of Rs. 1.00 crore and Rs. 1.38 crore respectively were dropped on April 30, 2026. In total, GST demands worth Rs. 2.97 crore across these financial years have been dropped, and the proceedings stand concluded with no liability subsisting. Proceedings for FY 2020-21, 2021-22, and 2022-23 remain pending with the concerned authority.
Positive for shareholders as the company is relieved of Rs. 2.97 crore in contingent tax liabilities, improving its financial position. However, some tax proceedings for earlier years are still ongoing.