AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Bansal Wire Industries Limited: GST Liability Reduced to ₹39.88 Lacs, Appeal Planned
Bansal Wire Industries Limited
January 8, 2026, 02:01 PM
Top Queries to Ask About Bansal Wire Industries Limited
InstantThinking to buy or sell Bansal Wire Industries Limited? Ask AI before you act.
Trusted by 5,000+ users
More Details on This News
Bansal Wire Industries Limited has received a revised order from the Joint Commissioner, SGST, Corporate Circle-I, Ghaziabad Zone-I, Uttar Pradesh, regarding Goods & Services Tax, Interest, and Penalty for the financial year 2023-24. The tax authority has reduced the total payable tax liability from ₹669.72 Lacs to ₹39.88 Lacs, along with equivalent penalty and applicable interest.
The order was received by the Company on January 08, 2026. While the Company acknowledges the reduced liability, it intends to file an appeal before the appropriate appellate authority as certain aspects of the assessment require further review. The company is initiating necessary steps to prepare and submit the appeal documentation within the prescribed time limit under the GST Act.
The company states that there is no material impact on its financials, operations, or other activities. This disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
More News on Bansal Wire Industries Limited
Analyze Bansal Wire Industries Limited