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PPAP Automotive Limited recently disclosed that it has received an order from the Assistant Commissioner, Central GST, Division V, Noida. The order, related to the alleged irregular claim of input tax credit during the financial year 2020-21, imposes a total demand of Rs. 1.02 Cr for tax, along with Rs. 0.84 Cr in interest and Rs. 0.10 Cr as penalty. The company is currently analyzing the situation and plans to appeal the decision, expressing confidence in a favorable outcome that is not expected to have a material financial or operational impact on its business. Watch closely for further developments as the company navigates this legal matter.