Vedant Fashions receives GST demand order of ₹2.18 Lakhs for FY22
Vedant Fashions Limited has received an Order-in-Original dated December 26, 2025, from the Office of the Assistant Commissioner, State Tax, Raipur, Chhattisgarh. The order pertains to the financial y...
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Why is Vedant Fashions Limited in the news today?
Vedant Fashions Limited (MANYAVAR) is in the news due to the company received a gst demand order. while this is a negative development, the amount is relatively small and the company has stated there is no other significant impact, indicating a neutral overall sentiment.
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Vedant Fashions receives GST demand order of ₹2.18 Lakhs for FY22
December 26, 2025, 07:26 PM
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Vedant Fashions Limited has received an Order-in-Original dated December 26, 2025, from the Office of the Assistant Commissioner, State Tax, Raipur, Chhattisgarh. The order pertains to the financial year 2021-22 and relates to demands under Section 50 and 73 of the Central Goods and Service Tax Act, 2017, and corresponding provisions of the Chhattisgarh Goods and Services Tax Act, 2017, and Integrated Goods and Service Tax Act, 2017.
The total demand amounts to ₹2,18,228, comprising a demand of ₹1,19,144 for the difference in Table 8D of GSTR9 (₹59,572 CGST and ₹59,572 SGST), interest amounting to ₹79,084 (₹39,542 CGST and ₹39,542 SGST) under applicable GST laws, and a penalty of ₹20,000 (₹10,000 CGST and ₹10,000 SGST) under applicable GST laws.
The company stated that apart from the mentioned amount, there is no other impact on its financial or operational activities. Vedant Fashions Limited will review and evaluate the order and take appropriate action within the specified timeline. The order was received via email on December 26, 2025.
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