Harish Textile Engineers Ltd — Updates, 20-06-2025: Company Update

Harish Textile Engineers Limited has announced receiving an intimation from the Gujarat State Tax Commissioner alleging excess availed Input Tax Credit (ITC) and short payment of tax for FY 2021-22, with a total tax, interest, and penalty liability of Rs. 86,209. The company is working with its tax advisors to file a detailed response within the required timeline. This tax notice may have a minor financial impact but reflects ongoing compliance scrutiny from tax authorities.