Total Transport Systems Limited Receives GST Order

Total Transport Systems Limited Receives GST Order

Total Transport Systems Limited Receives GST Order​

Mumbai – March 20, 2026 – Total Transport Systems Limited (SYMBOL: TOTAL) announced today that it has received an order from the Assistant Commissioner, Central Goods & Services Tax & Central Excise, Division- VIII, Mumbai East Commissionerate. The order, dated December 31, 2025, pertains to alleged non-compliance under the GST laws for the period of April 2018 to March 2019.

The demand aggregating to ₹63,85,350 includes a tax amount of ₹31,92,675 and a penalty amount of ₹31,92,675. The order cites two primary violations: ineligible Input Tax Credit (ITC) from non-compliant suppliers and excess ITC claims compared to figures reflected in GSTR-2A.

Total Transport Systems Limited is currently evaluating legal remedies and intends to file an appeal before the appropriate appellate authority. The company anticipates that the demand is not sustainable and does not expect a material impact on its financials, operations, or other activities.

The company will keep stakeholders informed on any further developments and actions taken regarding this matter.

Details of the Order

ParticularDetails
Name of PartiesTotal Transport Systems Limited vs. Assistant Commissioner of Central Goods & Services Tax & Central Excise Division, Mumbai
Court/Tribunal/AgencyAssistant Commissioner, Central Goods & Services Tax & Central Excise Division, Mumbai
Details of Dispute/LitigationThe order focuses on two primary violations: 1. Ineligible ITC from Non-Compliant Suppliers; 2. Excess ITC Claims (GSTR-3B vs. GSTR- 2A)
Quantum of ClaimsDemand aggregating to ₹63,85,350, comprising tax of ₹31,92,675 and penalty of ₹31,92,675

Source:​

 

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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.

Editorial Note

This news article was written and created by Karthik, and published on IST.
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