The Company has received a scrutiny notice from the office of the Superintendent CGST, Range IV, Shibpur Division.
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Spinaroo Commercial Ltd has received a scrutiny notice dated June 3, 2025, from the Office of the Superintendent of CGST, Range IV, Shibpur Division. The notice pertains to a demand for GST of ₹10,07,844 along with a penalty of ₹1,00,784, totaling ₹11,08,628. The allegation is that the company has claimed excess Input Tax Credit (ITC). The company has stated that there is no material impact on its financials, operations, or other activities due to this notice.
The demand amount of around ₹11 lakh is small relative to typical corporate operations and the company has confirmed no material financial or operational impact. Shareholders should treat this as a routine tax compliance matter, though the final outcome will depend on the company's response to the GST authorities.