Announced Thu, 1 Oct, 2026 · 18:22 IST
GST show cause notice for FY24, potential Rs 8.41 crore demand
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Rithwik Facility Management received a GST show cause notice on Oct 1, 2026 from the Guindy Assessment Circle for FY 2023-24. The notice flags non-GST supplies, ITC non-reversal, and excess or ineligible ITC, and seeks documentary proof. Potential demand is Rs 8.41 crores if confirmed. The company says it has all supporting documents and expects no financial impact. No penalty or restriction has been imposed; the company will take appropriate action.
Likely market impact
Possible tax demand of Rs 8.41 crores if confirmed, though company expects no impact. Watch for next update on response.