Rail Vikas Nigam Limited (RVNL) has received a demand notice from the Deputy Commissioner DGSTO-1 in Bengaluru, Karnataka. The notice, in the form of DRC-07, is related to the financial year 2021-22. RVNL is currently assessing the implications of this notice and taking appropriate action.
Demand Notice Details
RVNL has received a Demand Notice (DRC-07) from the Office of the Deputy Commissioner DGSTO-1, Bengaluru, Karnataka, under order no. ZD291225171036F, dated December 22, 2025. The notice pertains to the financial year 2021-22.
Financial Impact
As per the received order, the total demand is Rs. 3.64 Crore.
Company Actions
RVNL is taking necessary steps to address the demand. The company believes these orders are challengeable and intends to pursue appeals with the appropriate jurisdictional appellate authorities.
Declaration
RVNL confirms that there is no material impact on the company’s financial, operational, or other activities due to these orders.
Source: BSE
