Vakrangee Limited has received an order from Maharashtra State GST authorities demanding ₹6.27 lakhs. The order, dated November 26, 2025, pertains to tax, interest, and penalty under the CGST Act. The company has attributed a delay in disclosure to oversight and assures future compliance. No significant impact is expected on Vakrangee’s financial or operational activities.
GST Order Details
Vakrangee Limited received an order from the Deputy Commissioner, State GST, Maharashtra, dated November 26, 2025. This order, issued under Section 73 of the CGST Act, 2017, specifies amounts for tax, interest, and penalty.
Financial Breakdown
The order includes the following components:
- Tax: ₹2,38,256
- Interest: ₹3,36,889
- Penalty: ₹51,759
The total aggregate demand amounts to ₹6,26,904.
Reason for the Order
The basis for the order is the disallowance of input tax credit.
Impact and Disclosure
Vakrangee Limited states that there is no material impact on the company’s financial or operational activities. The company also acknowledges a delay in disclosing the information and commits to ensuring timely disclosures in the future.
Source: BSE