Technocraft Industries (India) Limited has received Order from GST Department under Section of 73 . The said Order is pertaining to Financial Year 2018-19 and relates to disallowance of GST of INR 94,476/- paid to one of the suppliers and claimed the same as Input Tax Credit ("ITC") by the Company. The said order is for aggregate amount of INR 214,180/- (Tax INR 94,476/- Interest INR 99,704/- Penalty INR 20,000/-).

The Company will be filing an appeal against the said order as it is hopeful of getting full relief. Order received on April 10, 2024.