V-Guard Industries receives GST demand order of ₹77.20 Lakhs for FY18-19
V-Guard Industries Limited has received a Goods and Services Tax (GST) demand order from the Excise and Taxation Officer, Gurgaon (West), Haryana, dated December 23, 2025. The company was informed of ...
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Why is V-Guard Industries Limited in the news today?
V-Guard Industries Limited (VGUARD) is in the news due to the company has received a demand order from gst authorities, which includes a significant penalty and interest, indicating a negative financial impact.
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V-Guard Industries receives GST demand order of ₹77.20 Lakhs for FY18-19
December 24, 2025, 11:21 AM
Top Queries to Ask About V-Guard Industries Limited
V-Guard Industries Limited has received a Goods and Services Tax (GST) demand order from the Excise and Taxation Officer, Gurgaon (West), Haryana, dated December 23, 2025. The company was informed of this order on December 24, 2025.
The demand order pertains to the financial year 2018-19 and is based on a mismatch between the tax liability as per E-Waybill and GSTR 3B in Haryana. The total demand amounts to ₹77,20,327, which includes tax of ₹23,44,788, interest of ₹30,30,751, and a penalty of ₹23,44,788 (100% of the tax liability).
V-Guard Industries Limited is currently evaluating the order and plans to take appropriate steps to challenge it. The company has stated that the information provided in Form A is true, correct, and complete to the best of their knowledge and belief.
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