Vishal Fabrics Ltd Receives Final Order from GST Appellate Authority Determining Zero Demand
Vishal Fabrics Ltd has received a Final Order from the Office of the Commissioner (Appeals) Central GST, Appeal Commissionerate, Ahmedabad. The order, dated 06-07-2026, determined that the demand related to previous GST assessments is zero.The resolution follows earlier orders issued by authorities regarding penalties under the CGST /Gujarat GST Act, 2017 and IGST Act, 2017. Earlier, the company had received an Order imposing a penalty of Rs. 24,26,74,876/- dated on 31st December, 2025. Subsequently, a Rectification Order was issued by the Authority proposing a revised penalty of Rs. 21,35,65,819/-.The receipt of this Final Order from the...