Vishal Fabrics Ltd Receives Final Order from GST Appellate Authority Determining Zero Demand
Vishal Fabrics Ltd has received a Final Order from the Office of the Commissioner (Appeals) Central GST, Appeal Commissionerate, Ahmedabad. The order, dated 06-07-2026, determined that the demand related to previous GST assessments is zero.The resolution follows earlier orders issued by authorities regarding penalties under the CGST /Gujarat GST Act, 2017 and IGST Act, 2017. Earlier, the company had received an Order imposing a penalty of Rs. 24,26,74,876/- dated on 31st December, 2025. Subsequently, a Rectification Order was issued by the Authority proposing a revised penalty of Rs. 21,35,65,819/-.
The receipt of this Final Order from the Office of the Commissioner (Appeals) Central GST marks the conclusion of the matter regarding these demands.
Based on the company's assessment, prevailing law, and advice from counsel, Vishal Fabrics Ltd stated that no material financial impact is anticipated from this outcome.
Key details regarding the regulatory process are presented below:
| Detail | Information |
|---|---|
| Authority Name | Office of the Commissioner (Appeals) Central GST, Appeal Commissionerate, Ahmedabad |
| Date of Order Receipt | 06-07-2026 |
| Initial Penalty Amount Imposed | Rs. 24,26,74,876/- (Dated 31st December, 2025) |
| Revised Penalty Amount Proposed | Rs. 21,35,65,819/- |
| Final Outcome of Demand | Determined Zero after the issuance of the final order |
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