Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.
VINDHYATEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Additional Commissioner (ST) of GST Appellate Authority, Vijayawada has passed an order partially allowing the company's appeal regarding a GST demand for FY 2019-20. The original GST demand was Rs. 3,62,10,088, but the confirmed demand has been reduced to just Rs. 4,996. The issue involved excess availment of Input Tax Credit (ITC) of Rs. 4,996 in GSTR-3B compared to GSTR-2A. The total financial impact including interest (Rs. 5,410) and penalty (Rs. 20,000) amounts to Rs. 30,406 only. The order was received on 14th May 2026.
Positive development for shareholders - the original GST demand of over Rs. 3.62 crore has been reduced to just Rs. 30,406, significantly lowering the company's liability and removing a major uncertainty.