Mawana Sugars Faces ₹9.69 Lakh Demand & Penalty from GST Authority
Mawana Sugars Limited has received a communication on December 18, 2025, from the Office of the Superintendent, Central Goods & Service Tax, Range Mawana, regarding alleged wrong availment of Input Ta...
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Why is Mawana Sugars Limited in the news today?
Mawana Sugars Limited (MAWANASUG) is in the news due to the company has received a demand notice and penalty from gst authorities, indicating a negative financial and operational event.
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Mawana Sugars Faces ₹9.69 Lakh Demand & Penalty from GST Authority
December 19, 2025, 10:39 AM
Mawana Sugars Limited has received a communication on December 18, 2025, from the Office of the Superintendent, Central Goods & Service Tax, Range Mawana, regarding alleged wrong availment of Input Tax Credit (ITC) for the financial year 2018-19.
The company has been issued a demand notice for a basic demand of ₹4,84,792, plus applicable interest, and a penalty of ₹4,84,792. The total potential financial implication for the company is ₹9,69,584 plus interest.
Mawana Sugars Limited believes the demand is not sustainable and is in the process of filing an appeal before the Commissioner, Central Goods & Service Tax, Meerut, Uttar Pradesh.
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