<h1>Harish Textile Engineers Ltd Receives GST Scrutiny Notice Regarding ITC Claims for FY 2022-23</h1>
Harish Textile Engineers Ltd has received a notice from tax authorities concerning the scrutiny of its Goods and Services Tax (GST) returns for the financial year 2022-2023. The notification was issued after discrepancies were identified by the GST Department regarding Input Tax Credit (ITC) claimed by the company.
The notice, which was received on July 13, 2026, originated from the Office of the Assistant Commissioner of State Tax, Ambad_505, Nashik, Maharashtra. The scrutiny process involved reviewing the company's GSTR-3B returns for FY 2022-23.
Harish Textile Engineers Ltd is currently examining the observations made in the notice and has been directed to furnish a detailed explanation along with supporting documents by August 14, 2026. The company confirmed that it is taking appropriate steps to submit its reply within the prescribed timeline.
The management stated that at this stage, the communication is only a scrutiny notice seeking clarification from the company. No tax demand, penalty, or adverse order has been passed against Harish Textile Engineers Ltd.
Key details regarding the scrutiny are outlined below:
| Particulars | Details |
|---|---|
| Issuing Authority | Goods and Services Tax Department Assistant Commissioner of State Tax Ambad\_505, Nashik, Maharashtra |
| Nature of Action | Received a Notice in Form GST ASMT-10 under Section 61 of the Central Goods and Services Tax Act, 2017. |
| Date of Receipt | July 13, 2026 |
| Alleged Contravention | Discrepancies observed regarding Input Tax Credit (ITC) claimed in GSTR-3B returns for FY 2022-23. |
| Current Impact | No financial impact has been ascertained, as the notice is a scrutiny notice and no demand or penalty has been imposed. |
The company remains committed to addressing all points raised by the GST Department through its forthcoming submission.
Stock Price Movement
Harish Textile Engineers Ltd closed lower on Tuesday, finding its shares trading at ₹65.46 after a 3.47% decline. The stock experienced significant volatility during the session, moving between an intraday low of ₹63.50 and a high of ₹70.68.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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