Carraro India Limited — Others, 27-06-2025: Action(s) initiated or orders passed

Carraro India Limited has announced a Show Cause Notice cum Demand from the CGST Pune-I Commissionerate alleging the generation of multiple E-Way bills for the same invoice in FY 2018-19. A tax demand of Rs. 17.68 lakh plus an equal amount as penalty totaling Rs. 35.36 lakh has been raised. The company plans to respond to the notice within the stipulated time and expects relief based on legal advice. There is no immediate impact on the company’s financials or operations, and the matter is under dispute.