Intimation under regulation 30 of SEBI (LODR) Regulations,2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Super Sales India Limited received a Demand Notice (Spot Fine) from GST Roving Squad-I, Tirupur Division, Tamil Nadu, dated 23rd May 2026. The GST authorities have raised a demand of Rs. 4,33,716/-, comprising equal penalty of Rs. 2,16,858/- each under CGST and SGST. The penalty was issued due to an incorrect address mentioned in the E Way Bill by the supplier. The company has clarified that the issue originated from the supplier's error. The company has paid the penalty amount under protest and intends to file an appeal. Management has stated that there is no material impact on the financials, operations, or other activities of the company.
The penalty amount of Rs. 4.33 lakh is relatively small and the company has confirmed no material financial impact. The matter is under appeal, which could lead to recovery of the amount in future. For shareholders, this appears to be a routine compliance matter with negligible near-term stock impact.