Sapphire Foods India Limited (SAPPHIRE)
Sapphire Foods India Limited has informed the Exchange about Action(s) taken or orders passed
Show cause notice received from Assistant Commissioner of State Tax, Vadodara, Gujarat dated 26-Sep-2026 under Section 73 of Gujarat GST Act 2017 for April 2022 to March 2023 period. Notice alleges incorrect availment and utilization of ITC amounting to INR 14.03 million. Company states claim is not maintainable with no material financial or operational impact. Company evaluating notice and will respond accordingly.
Source: Original filing PDF
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