NSEGeneral Updates4d ago · 18 Sept 2026, 04:29 pm
General Updates
Vikran Engineering Limited · VIKRAN
✦ AI SummaryRegulatory
Vikran Engineering Limited has received a Show Cause Notice (SCN) from the Office of the Assistant Commissioner, C.G.S.T. & Central Excise Division – III, Indore, regarding excess ITC availed pertaining to the FY 2022-2023, with a tax demand of Rs. 1,71,20,276 and penalty of Rs. 17,12,027.599.
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Vikran Engineering Limited has informed the Exchange about General Updates
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VIKRAN123_18092026162818_Intimation_of_SCN_-_GST.pdf
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Date: 18th September 2026
To, To,
The Secretary The Secretary
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department, Listing Department,
Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex,
Mumbai-400001. Bandra (E), Mumbai –400051.
(Scrip Code: Equity - 544496) (Scrip Symbol: VIKRAN)
Dear Sir/Madam,
Sub: Disclosure of information under Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
we hereby inform you that the Company has received a Show Cause Notice (“SCN”) in Form GST
DRC-01, dated 11th September, 2026, received on 17th September, 2026 (Through E-Mail), issued by the
Office of the Assistant Commissioner, C.G.S.T. & Central Excise Division – III, Indore, under Section
73 of the CGST Act, 2017, in respect of excess ITC availed pertaining to the FY 2022-2023.
Further, information as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026 is enclosed as Annexure I.
This is for your information and records.
Thanking You,
Yours faithfully,
FOR VIKRAN ENGINEERING LIMITED
Kajal Rakholiya
Company Secretary and Compliance Officer
Place: Thane
Encl.: as above
ANNEXURE -I
Sr. No. Particulars Details
1 Name of the authority Office of the Assistant Commissioner, C.G.S.T. &
Central Excise Division – III, Indore (GST Department)
2 Nature and details of the action(s) taken Nature - GST Show Cause Notice (SCN) [Form GST
or order(s) passed DRC-01] under Section 73 of the CGST Act, 2017.
Period involved – FY 2022-2023
Tax demand raised - Rs. 1,71,20,276/-
Penalty raised - Rs. 17,12,027.599/-
The SCN, inter-alia, alleges excess availment of input
tax credit (“ITC”) during the period FY 2022-23.
3 Date of receipt of direction or order, 17th September, 2026
including any ad-interim or interim
orders, or any other communication from
the authority
4 Details of the violation(s)/ i) Excess ITC availed
contravention(s) committed or alleged to ii) Excess availment of ITC on account of “Inward
be committed supplies (liable to reverse charge)”
5 Impact on financial, operation or other The Company does not foresee any material impact on
activities of the listed entity, its financial, or operational or other activities.
quantifiable in monetary terms to the
extent possible
6 Any other relevant information The company will respond to the notice within the
specified time period.