RPTECH receives partial relief on ₹ 11.83 crore GST demand, liability reduced to ₹ 8.11 lakh
Rashi Peripherals received an order reducing a ₹ 11.83 crore GST demand to ₹ 8.11 lakh after an appeal, significantly lowering its liability for the 2017-18 period.
The company's financial liability from the GST demand has been substantially reduced from ₹ 11.83 crore to ₹ 8.11 lakh, mitigating a significant financial outflow. This is a positive development for the company's financial health, addressing a past liability.
The original demand of ₹ 11.83 crore was reduced to ₹ 8.11 lakh, indicating a highly favorable outcome for the company in its appeal, significantly reducing its financial liability.
Rashi Peripherals Limited has received an order from the Department of Goods and Service Tax (GST), Govt. of Maharashtra, dated November 07, 2025, which was received by the company on November 11, 2025. * This order pertains to an appeal filed by the company against a previous demand order for
₹ 11.83 crore by the Department of GST for the year 2017-18. * The company's appeal has been partially allowed. * The total demand by the GST Department has been substantially reduced to
₹ 8.11 lakh (including interest and penalty) from the original
₹ 11,82,53,879. * The revised determined amounts are: * GST amount:
₹ 3,12,080 * Interest amount:
₹ 4,68,120 * Penalty:
₹ 31,208
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