Interarch Building Solutions Limited has informed the Exchange about Action(s) taken or orders passed
INTERARCH · price
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Awaiting price reaction for this filing.
Interarch Building Solutions has received a show cause notice dated June 30, 2025 from the Excise and Taxation Officer, Faridabad (North), under Section 74 of the HGST/CGST Act. The notice alleges the company availed and utilised invalid Input Tax Credit (ITC) from a cancelled or suspicious taxpayer, M/s Z.A Infratech. The total demand raised is Rs. 26,29,836, broken down into tax of Rs. 9.07 lakh, interest of Rs. 8.16 lakh, and penalty of Rs. 9.07 lakh. A show cause notice is a preliminary step that gives the company an opportunity to respond before any final order is passed.
The Rs. 26.3 lakh demand is financially small for the company and not yet a confirmed liability. However, if the matter is decided against Interarch, it could result in a cash outflow along with reputational scrutiny around its vendor due-diligence practices.