Announced Thu, 10 Sept · 12:01 IST
GST show cause notice for FY23, total proposed demand around 3.5 lakh
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-6.9%1-day move
₹2.59
prior close
₹2.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-6.9-14.7-19.7-10.0-1.5—————
Up moveDown movePending
AI summary
Shashijit Infraprojects got a GST show cause notice (DRC-01) from the Daman Commissionerate on September 9, 2026, after scrutiny of FY 2022-23 returns. The notice proposes about 3.51 lakh rupees total, covering excess Input Tax Credit of 93,177 rupees, late fees of 15,650 rupees, and interest of 2.42 lakh rupees, plus applicable penalty. Matter is at show cause stage and amounts are proposed, not yet confirmed. No material impact on operations stated.
Likely market impact
Small proposed demand at show cause stage, not yet a final order. No material impact on operations stated by the company.