ALFA Filings
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4 announcements with these filters
V-Guard Industries received a customs order demanding ₹1.36 Crore in differential duty and penalties. The company is evaluating legal merits and plans to appeal.
V-Guard Industries Ltd received a Show Cause Notice from CGST authorities regarding a ₹17.76 Crore short payment of GST. The notice concerns the alleged availment of excess Input Tax Credit between FY 2020-21 and 2023-24. The company is evaluating the notice and intends to file a rebuttal, stating it has strong grounds to challenge the observations.
V-Guard Industries received a GST audit report alleging a short payment of ₹17.76 Crore for FY 2020-21 to 2023-24. The issues relate to inadmissible or excess Input Tax Credit (ITC) and GSTR-9 reconciliation differences. The company intends to challenge the findings, noting this is not yet a formal demand order.
V-Guard Industries received a customs order imposing a total financial demand of ₹3.75 Crore, including differential duty, interest, and penalties for product misclassification between 2019 and 2024. The company is evaluating the order's merits and plans to file an appeal before the CESTAT.