Raghuvir Synthetics Ltd — Important, 11-08-2026: Company Update

Raghuvir Synthetics received an intimation from the GST Department regarding tax payable for Input Tax Credit for FY 2020-21 and FY 2021-22. The intimation states an aggregate amount of ₹3.76 crore, including tax, interest, and penalty. This amount is higher than the ₹1.88 crore referred to in an earlier communication for the same matter. The company is seeking clarification from authorities on this difference and maintains that the ITC was appropriately availed. Management believes there will be no material impact on operations.