Shivam Autotech receives Show Cause Notice from CGST for alleged excess ITC availment
The company has clearly stated that there is no impact on its financial, operational, or other activities due to the Show Cause Notice, indicating a low material impact on the business at this stage.
The company received a Show Cause Notice for an alleged tax discrepancy but has explicitly stated that it believes it has a strong case, considers the matter a reconciliation issue, and anticipates no financial or operational impact. This indicates a neutral stance on the potential outcome.
Shivam Autotech Limited has disclosed the receipt of a Show Cause Notice (SCN) from the Office of C.G.S.T. Audit Commissionerate, Dehradun, on September 28, 2025. * The SCN was issued under the provisions of section 65(6) of the CGST Act, 2017. * The alleged violation relates to excess availment of Input Tax Credit (ITC) in GSTR-3B as compared to GSTR-2A for the Financial Year 2019-20. * The excess ITC sought to be recovered amounts to ₹2,63,56,206. * The Company believes it has a strong case on the merits, stating it is merely a matter of reconciliation and the SCN has no merits. * Shivam Autotech will make its submissions before the appropriate forum within the given timelines. * The Company has stated there is no impact on its financial, operational, or other activities arising from this SCN.
What to do with a filing like this
Shivam Autotech Limited filed this with the NSE as a statutory disclosure, categorised under regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Shivam Autotech Limited. Read the original for the full detail.