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The company has received an order from GST authorities, demanding a total of approximately 1.98 Cr. This amount includes 1.25 Cr in GST, 0.60 Cr in interest, and a 0.13 Cr penalty, all pertaining to the financial year 2017-18. This demand represents a contingent liability. The company strongly contests this order and plans to file an appeal, indicating potential prolonged litigation over this tax matter.
All announcements from Rithwik Facility Management Services Ltd