Ganesha Ecosphere Limited has received a GST demand notice for ₹6,56,16,515, plus interest of ₹4,82,28,138.53 and a penalty of ₹6,56,16,515.00, from the Joint Commissioner of SGST, Moradabad, Uttar Pradesh. The company is contesting the demand and plans to appeal the order, believing it is not based on correct facts or legally sustainable. The company does not foresee any immediate impact on its financial operations.
GST Demand Notice Received
Ganesha Ecosphere Limited has been issued a demand notice concerning Goods and Services Tax (GST) by the Joint Commissioner, Corporate Circle, SGST, Moradabad, Uttar Pradesh. The notice, dated November 28, 2025, outlines a demand for unpaid GST, interest, and a penalty.
Details of the Demand
The GST demand amounts to ₹6,56,16,515.00. Furthermore, the notice includes an interest charge of ₹4,82,28,138.53 and a penalty of ₹6,56,16,515.00. The company is currently challenging the validity of the demand.
Company’s Response and Outlook
Ganesha Ecosphere Limited intends to file an appeal against the order. The company believes the demand is not factually correct or legally sound and will present its case with supporting documentation and legal precedents. The company anticipates no immediate impact on its financial activities as a result of this notice. The disclosure was inadvertently delayed but the company is taking measures to ensure more timely future submissions.
Source: BSE
