Deepak Builders & Engineers India Limited Receives GST Summons
Deepak Builders & Engineers India Limited announced it received a Goods and Services Tax (GST) summons via email on March 20, 2026, under Section 70 of the Central Goods and Services Tax Act, 2017. The company is scheduled to appear before a GST Officer on March 23, 2026. This follows previous correspondence dated December 4, 2025, and February 2, 2026, regarding search proceedings conducted by the Directorate General of Goods & Services Tax Intelligence (DGGI).The summons relate to an inquiry concerning the availment and utilization of ineligible Input Tax Credit (ITC) under the Central Goods and Services Tax Act, 2017.
The company stated that the impact on its financial, operational, or other activities cannot be determined at this preliminary stage, as only a summons has been issued without alleging any violations or contraventions.
The summons was issued by Aditya, Superintendent/Appraiser/Senior Intelligence Officer of Directorate General of GST Intelligence, Zonal Unit, Ludhiana.
Details of the Summons:
| Particulars | Details |
|---|---|
| Name of the Authority | Superintendent/ Appraiser/ Senior Intelligence Officer of Directorate General of GST Intelligence, Zonal Unit, Ludhiana |
| Action Taken | Summon issued to appear before GST Officer on March 23, 2026 |
| Date of Receipt | March 20, 2026 |
| Details of Violation(s) | The summon relates to inquiry in connection with availment and utilization of ineligible ITC under the Central Goods and Service Tax Act, 2017 |
| Impact on Activities | Not Available - The Company cannot determine impact on financial operations in monetary terms. |
Sh. Deepak Singhal, Director, is directed to appear. The inquiry is deemed a judicial proceeding, and non-compliance constitutes an offense punishable under the Bharatiya Nyaya Sanhita, 2023.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Last edited by a moderator: