Gujarat Ambuja Exports Ltd – GST Demand

Demand Raised: GST order of ₹48.08 lakh (Tax ₹27.07 lakh + Interest ₹21.01 lakh) for FY21-22 by Assistant Commissioner, State GST, Ahmedabad. • Reason: Alleged excess Input Tax Credit claimed. • Company Response: Believes order is arbitrary & unsustainable; plans to file an appeal. • Financial Impact: No material effect on operations or financials. ⚖️