Intimation under regulation 30 of SEB LODR regulations 2015 -intimation of the GST Demand Notice .
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Taparia Tools Ltd has received a Show Cause cum Demand Notice dated 12 September 2025 from the Office of the Commissioner of Central GST & Central Excise, Nashik Commissionerate, under Section 122 of the CGST Act, 2017. The notice pertains to alleged ineligible input tax credit claimed during FY 2019-20 to FY 2023-24, amounting to ₹1,30,76,422 (about ₹1.31 crore). The company has stated it will file an appropriate reply within the prescribed time and that it is in compliance with all applicable laws. The disclosure has been made to the exchange under SEBI Listing Regulations for stakeholder information.
The ₹1.31 crore demand is relatively modest and at this stage is only an allegation, not a confirmed liability. Shareholders should monitor the company's response and any further updates, as an adverse outcome could impact future earnings, though the quantum does not appear material enough to materially affect the stock price.