V-Guard Industries Limited — Others, 29-04-2025: Action(s) initiated or orders passed

V-Guard Industries Ltd. has received GST demand orders totaling ₹1.24 crore, with ₹52.39 lakh related to non-generation of e-way bills for credit notes from FY 2021-22 and ₹71.97 lakh for similar issues in FY 2022-23. Each order includes both tax and corresponding penalties. While interest amounts are not specified, they will be calculated as per GST provisions. The company is assessing its options in response to these demands, which could impact its financial position and compliance strategies.