BSECompany Update3d ago · 3 Nov 2026, 06:17 pm

We hereby inform to the Exchange that the company has received show cause notice DRC-01 under GST & MGST Act 2017.

3C IT Solutions and Telecoms (India) Ltd · 544190

✦ AI SummaryRegulatory

3C IT Solutions and Telecoms (India) Ltd has received a show cause notice from the Deputy Commissioner of State Tax, Pune, under the GST & MGST Act 2017, alleging excess availment of Input Tax Credit (ITC) due to mismatch between GSTR-3B and GSTR-2B and non-reversal of ITC. The proposed demand is ₹3,88,79,032, comprising tax of ₹2,00,09,795, interest of ₹1,68,68,257, and penalty of ₹20,00,980.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment4/10

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3C IT Solutions and Telecoms (India) Ltd - 544190 - Disclosure Under Regulation 30 Of LODR_ Intimation Of Show Cause Notice Under GST.

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3C IT SOLUTIONS & TELECOMS (INDIA) LIMITED (Formerly known as 3C IT SOLUTIONS & TELECOMS (INDIA) PRIVATE LIMITED) Date: 03rd November, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001 Scrip Code: 544190 Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’): Ref: Security Id: 3CIT / ISIN: INE0R7D01018 Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) read with Part A of Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, we would like to inform the exchange that the Company has received show cause notice (DRC 01) dated 28/09/2026 from the “Deputy Commissioner of State Tax, Pune, under section 73 CGST Act & MGST Act, 2017. The details as required under Listing Regulations read with SEBI Master Circular is enclosed herewith as an “Annexure-A”. We request you to kindly take the above on record. Thanking you, For 3C IT Solutions & Telecoms (India) Limited (Formerly known as 3C IT Solutions & Telecoms (India) Private Limited) Authorized Signatory Name: Ranjit Kulladhaja Mayengbam Designation: Managing Director DIN: 06929013 Address: Office No. 602, 603, and 604, Sr. No. 43A/5A, 43A/5B, Aseem Mayank, Pune City, Pune – 411001 Place: Pune Encl: As Above Regd Off: Office No. 602, 603, and 604, Sr. No. 43A/5A, 43A/5B, Aseem Mayank, Pune City, Pune – 411001 Website: www.3citsolutions.com | Email ID: admin@3citsolutions.com | Phone: 020-67802300/9112057917 CIN: L72200PN2015PLC154459 3C IT SOLUTIONS & TELECOMS (INDIA) LIMITED (Formerly known as 3C IT SOLUTIONS & TELECOMS (INDIA) PRIVATE LIMITED) Annexure-A Sr. Particular Details 1. Brief details of litigation viz. Opposing Party: Department of Goods and Services Tax, name(s) of the opposing Government of Maharashtra, Office of the Deputy party, court/ tribunal/agency Commissioner of State Tax, Pune Cantt_501, Pune. where litigation is filed, brief Authority: Deputy Commissioner of State Tax, Pune. details of dispute/litigation. Nature of Dispute: GST Show Cause Notice issued in Form GST DRC-01 under Section 73(1) of the CGST Act, 2017 and MGST Act, 2017, read with Rule 142 of Maharashtra Goods & Services Tax Rules, 2017, for FY 2022-23, alleging excess availment of Input Tax Credit (ITC) due to mismatch between GSTR-3B and GSTR-2B and non-reversal of ITC. 2. Expected financial The department has proposed a total demand of ₹3,88,79,032, implications, if any, due to comprising tax of ₹2,00,09,795, interest of ₹1,68,68,257 and compensation, penalty etc.; penalty of ₹20,00,980. The actual financial implication will depend on the outcome of the adjudication proceedings. Since it is only a SCN at this stage, and the Company firmly believes that it maintains strong legal and factual grounds in this matter and will be taking all necessary actions to present and defend its case before the relevant authorities and address the demand, there is no expected material financial impact. The Company is in the process of preparing a response to the Show Cause Notice. The Company does not consider it likely that this potential demand will materialize as a claim against the Company and result in liability. 3. Quantum of claims, if any; The GST department has raised a proposed demand of ₹3,88,79,032 (including tax, interest and penalty). Regd Off: Office No. 602, 603, and 604, Sr. No. 43A/5A, 43A/5B, Aseem Mayank, Pune City, Pune – 411001 Website: www.3citsolutions.com | Email ID: admin@3citsolutions.com | Phone: 020-67802300/9112057917 CIN: L72200PN2015PLC154459