Delta Manufacturing Limited receives GST scrutiny notice over discrepancies in FY 2023-24 returns
Delta Manufacturing Limited has received a Notice for Scrutiny of Returns from the Office of the Deputy Commissioner of State Tax, Ambad, Nashik. The notice pertains to the Company's GSTR-3B returns for the Financial Year 2023-2024 (April 2023 to March 2024).The scrutiny was initiated following an examination of the Company's GST returns. The Deputy Commissioner’s office issued the notice in Form GST ASMT-10 under Section 61 read with rule 99 of the CGST/SGST Act, 2017.
The notice seeks clarification and explanation regarding certain discrepancies observed during the scrutiny process. These issues relate to the reporting of Reverse Charge Mechanism (RCM) Supplies in GSTR-1 that were identified while reviewing the GSTR-3B returns for FY 2023-24. The potential financial implication related to these discrepancies is approximately Rs. 1,77,170, which is subject to further reconciliation and explanation by Delta Manufacturing Limited.
The Company has begun examining the notice in detail and stated that it will submit a response within the prescribed timelines, guided by the advice of its tax consultants.
Details regarding the scrutiny process and findings are summarized below:
| Particulars | Details |
|---|---|
| Authority | Office of the Deputy Commissioner of State Tax Ambad, Nashik - Maharashtra |
| Nature of Action | Notice for Scrutiny of Returns issued in Form GST ASMT-10 under Section 61 read with rule 99 of CGST/SGST Act, 2017. |
| Date of Receipt | 2nd July, 2026 |
| Violation Details | Discrepancies related to reporting of Reverse Charge Mechanism (RCM) Supplies in GSTR-1 were identified during scrutiny of GSTR-3B returns for FY 2023-24. |
| Quantifiable Impact | Rs. 1,77,170 |
| Status | The Company is examining the Notice and will submit its reply within the prescribed timelines. |
DELTAMAGNT Stock Price Movement
Shares of Delta Manufacturing Limited today slipped by 0.64% to settle at ₹60.11 in the post-market session. The stock finished having fallen to its day low of ₹60.00, with a total volume of 2,696 shares traded.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.
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