Intimation notice received u/s 75(12) r/w sec. 79 of SGST/CGST Act, 2017.
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Indag Rubber Limited received an intimation notice from the State Tax Officer, Mohali, Punjab under Section 75(12) read with Section 79 of the SGST/CGST Act, 2017 on May 12, 2025, for the financial year 2019-20. The notice pertains to late filing of GSTR-3B return and belated payment of tax, which has attracted interest of Rs. 23,487 under Section 50(1) of the GST Act. The Company plans to file an appropriate response within the prescribed timelines. The Company has stated there is no major impact on its financial position, operations, or other activities.
This is a minor GST compliance matter with a negligible financial impact of just Rs. 23,487 in interest. It is unlikely to affect the stock price or shareholder value materially.