HD Fire Protect Limited has announced that a GST order has been received, effectively dropping proceedings for a show cause notice related to the fiscal year 2022-23. The Deputy Commissioner of State Tax, Jalgaon, accepted the company’s reply, leading to the dismissal of a potential demand of ₹7,10,16,525, which included tax, interest, and penalty. This outcome has no financial or operational impact on the company, as no payment is now due.
Tax Proceedings Concluded Positively
HD Fire Protect Limited has successfully concluded tax proceedings initiated by the Deputy Commissioner of State Tax, Jalgaon. The company has received an order in Form GST DRC-07, dated November 6, 2026, which confirms the acceptance of HD Fire Protect’s reply to a show cause notice issued for the fiscal year 2022-23. This development effectively drops all proceedings related to the notice.
Significant Demand Dropped
The dismissed proceedings pertained to an alleged excess availment of input tax credit for FY 2022-23. The potential demand, which comprised tax, interest, and penalty, amounted to a substantial ₹7,10,16,525. Following the company’s submission, the authority found that the input tax credit was correctly availed and utilised. Consequently, the entire demand stands dropped, resulting in no financial or operational impact on HD Fire Protect Limited, as no tax, interest, or penalty is payable pursuant to this order.
Source: BSE