Mangal Electrical Industries Receives Appellate Order Regarding GST Input Tax Credit
Mangal Electrical Industries Ltd. has reported receiving an order in Appeal No. 115/AA-I/GST/2023-24 from the Office of the Appellate Authority (Government of Rajasthan) State Tax, Jaipur-First, Jaipur. The order concerns the provisions of the GST Act, 2017, specifically pertaining to input tax credit and tax demand.The official notice was received on April 8, 2026, via the portal. The core issue highlighted in the order relates to alleged discrepancies in GST returns and excess availment of Input Tax Credit for the Financial Year 2017-18.
The details of the order and the compliance points are summarized below:
| Category | Details |
|---|---|
| Authority | Office of the Appellate Authority (Government of Rajasthan) State Tax, Jaipur-First, Jaipur |
| Subject Matter | Order passed under the provisions of the GST Act, 2017 pertaining to input tax credit / tax demand |
| Alleged Violation | Alleged excess availment of Input Tax Credit and related discrepancies in GST returns for FY 2017-18 |
| Date of Order Receipt | April 8, 2026 (on the portal) |
| Financial Impact | Approx. ₹55.73 lakhs (including tax, interest and penalty) |
Based on the findings, the company stated that it intends to challenge this order. Mangal Electrical Industries Ltd. noted that, after reviewing the merits of the matter, the factual position, and consulting with counsel, the company plans to file an appeal to this order before the Appellate Tribunal.
MEIL Stock Price Movement
Today, Mangal Electrical Industries Limited shares edged higher to close at ₹290.11, marking a gain of 1.44% for the session. The stock saw significant interest during trading, processing a total volume of 261,922 shares.Source:
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