Sudarshan Chemical Industries Receives GST Order
Sudarshan Chemical Industries Ltd. announced on April 1, 2026, that it received a GST Demand Order from the Office of the Superintendent of GST and CE, Range IV: Valasaravakkam Division Chennai, South Commissionerate, Tamil Nadu. The order, dated March 31, 2026, relates to the period from April 1, 2019, to March 31, 2024.The company faces a total demand of Rs. 65,920 for the period April 1, 2019 - March 31, 2020, Rs. 5,89,258 for the period April 1, 2020 - March 31, 2021, Rs. 4,19,970 for the period April 1, 2021 - March 31, 2022, Rs. 80,598 for the period April 1, 2022 - March 31, 2023, and Rs. 1,00,332 for the period April 1, 2023 - March 31, 2024.
A breakdown of the demand for the period April 1, 2019 - March 31, 2020 is as follows: Rs. 31,420 in tax, Rs. 1,652 in interest, and Rs. 32,848 in penalty.
According to the company, it believes it has a strong case regarding the points raised by the authority and is in the process of filing an appeal. The company stated that the order is appealable and believes there will be no impact on its financial, operational, or other activities as a result of the order.
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