Azad Engineering was issued penalty orders by GST authorities. - Penalty totals: INR 10.38 million and INR 1.10 million. - Penalties pertain to the fiscal years 2019-20 and 2020-21. - The firm anticipates no significant financial impact and intends to appeal. Two fines: INR 10,38,280 and INR 1,10,582, amounting to around INR 11.5 million. These pertain to the financial years 2019-20 and 2020-21. Violations include utilizing restricted Input Tax Credit under section 17(5) and failing to pay GST on additional income. The firm does not anticipate that this penalty will significantly impact its finances or operations. It is assessing all alternatives, including submitting an appeal against the rulings. The organization anticipates a positive result at an elevated platform