Gopal Snacks receives Show Cause Notice for ₹7.97 crore GST liability for FY22
While the company states no immediate financial implications as it plans to contest, the potential liability of ₹ 7.97 crore is significant and could have a medium impact if the resolution is unfavorable.
The company has received a Show Cause Notice for a substantial alleged GST liability of ₹ 7.97 crore, indicating a potential financial obligation or legal dispute.
* Gopal Snacks Limited received a Show Cause Notice (SCN) in Form GST DRC-01, dated 9th September 2025, from the Office of the Assistant Commissioner of State Tax, Unit-27, Modasa, Gujarat. * The SCN pertains to the financial year 2021-22 and alleges that the company declared incorrect tax liability for that period. * The notice advises the company to pay a sum of ₹ 7,97,10,573.00 (approximately ₹ 7.97 crore), which includes differentiated GST liability and/or excess Input Tax Credit. * Gopal Snacks Limited has stated that as this is only an SCN at this stage, it will take all necessary actions to present and defend its case before the relevant authorities. * Consequently, the company does not anticipate any financial implications at this point in time. * The company will provide updates to the Stock Exchanges regarding any material developments in this matter in the future.
What to do with a filing like this
Gopal Snacks Limited filed this with the NSE as a statutory disclosure, categorised under legal. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Gopal Snacks Limited. Read the original for the full detail.