Intimation under Regulation 30 of SEBI (LODR) Regulations,2015, Order received from GST Department
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Awaiting price reaction for this filing.
Trans Freight Containers Ltd received a GST Demand Notice dated December 29, 2025 for a total of Rs. 75,31,744 from the Goods and Service Tax Department. The demand relates to the transfer of leasehold rights in MIDC land during FY 2021-22. The breakup is GST of Rs. 39,27,604, interest of Rs. 32,11,380, and penalty of Rs. 3,92,760. The company has filed a challenge against this demand before the Bombay High Court, and the outcome is awaited. This is a follow-up to the company's earlier communication dated October 27, 2025.
The financial impact is relatively small at roughly Rs. 75 lakhs against the company's size, but since the company is contesting the demand, there is no immediate outgo. Investors should monitor the High Court ruling, as an adverse outcome could affect future earnings, though the amount itself appears manageable.