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 received a show cause notice dated 30 June 2025 from the Excise and Taxation Officer of Faridabad under Section 74 of the HGST/CGST Act, 2017. The notice alleges wrongful availment and utilization of Input Tax Credit (ITC) from a cancelled or suspicious taxpayer (M/s Z.A Infratech). The total financial demand raised in the notice stands at Rs. 85.73 lakhs, broken into Rs. 31.52 lakhs as tax, Rs. 22.69 lakhs as interest, and Rs. 31.52 lakhs as penalty. This is an initial show cause notice and the company has not yet been issued a final order. The matter pertains to the company's GST compliance, not any SEBI, stock market, or insolvency-related action.
The financial exposure of around Rs. 86 lakhs is modest for the company, but shareholders should watch for the company's formal reply to the notice and any subsequent order. A show cause notice is not an adverse ruling — it is the start of a tax dispute process.