FilingReader Intelligence
Praveg faces $295,000 GST dispute over blocked credits
August 22, 2025 at 04:59 PM UTC•By FilingReader AI
Praveg Limited received a show cause notice from Central GST authorities alleging the company improperly claimed input tax credit for construction-related goods and services.
The notice concerns blocked credits under Section 17(5) of the CGST Act 2017, with potential financial implications including compensation and penalties estimated at INR 2,46,55,446.
The company is reviewing the notice's implications.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:PRAVEG•Bombay Stock Exchange
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