Harish Textile Engineers Ltd — Important, 17-07-2026: Company Update

Harish Textile Engineers received a notice from tax authorities regarding an alleged short payment of tax for FY 2022-23. The notice claims an excess availment of Input Tax Credit (ITC) amounting to Rs. 1,93,340, proposing an additional interest of Rs. 1,31,959 and a penalty of Rs. 29,001. The company is currently reviewing the notice and preparing its response. This is a scrutiny notice seeking clarification, and no final demand or adverse order has been passed. There is no immediate financial impact, and the company is taking appropriate steps.