Total Transport Systems Limited Receives Order from GST Authorities
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 Goods and Services Tax (GST) laws for the period of April 2018 to March 2019.The company faces a demand aggregating to ₹63,85,350, which includes a tax amount of ₹31,92,675 and a penalty amount of ₹31,92,675. The order alleges violations related to ineligible input tax credit claims from non-compliant suppliers and excess input tax credit claims.
Total Transport Systems Limited is currently evaluating legal remedies and plans to file an appeal before the appropriate appellate authority. The company believes the demand is not sustainable and anticipates it will have no material impact on the company’s financials, operations, or other activities.
The company stated that the disclosure was delayed due to an assessment of the implications of the order and adherence to accounting standards, and that the delay was neither intentional nor deliberate. Total Transport Systems Limited will keep stakeholders informed of any further developments.
| Sr. No. | Particular | Details |
|---|---|---|
| 1 | Name(s) of the opposing party | Total Transport Systems Limited vs. Assistant Commissioner of Central Goods & Services Tax & Central Excise Division, Mumbai |
| 1 | Court/ tribunal/agency where litigation is filed | Assistant Commissioner, Central Goods & Services Tax & Central Excise Division, Mumbai |
| 1 | Details of the dispute/ litigation | The order focuses on two primary violations: 1. Ineligible ITC from Non-Compliant Suppliers, 2. Excess ITC Claims (GSTR-3B vs. GSTR- 2A). |
| 2 | Quantum of claims | Demand aggregating to ₹63,85,350, comprising tax of ₹31,92,675 and penalty of ₹31,92,675. |
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