VIKRAN NSE filing

VIKRAN Receives Order from Joint Commissioner under CGST Act

The RealCase readLow impact Negative

Vikran Engineering received an order for ₹1.22 crore related to excess ITC claims. The company will appeal the order, anticipating no financial impact.

Why it matters

The company plans to appeal the order and anticipates no financial implications, suggesting a limited impact.

The market read

The announcement indicates a demand order from a tax authority, which generally carries a negative connotation.

* Vikran Engineering Limited received an order from the Office of the Joint Commissioner under Section 73 of the CGST Act, 2017, order no. ZD0809250423465 dated 25th November 2025. * The order pertains to a demand for ₹1.22 crore due to excess ITC claimed in GSTR-3B or GSTR-9, which was not confirmed in GSTR-2A/2B/GSTR-9 (Tax – ₹0.65 crore, Interest - ₹0.51 crore & Penalty - ₹0.06 crore). * The communication applies to the financial year 2021-22. * The company, based on tax consultant advice, will file an appeal against the order to Commissioner (Appeals), expecting no financial implications.

Filing to action

What to do with a filing like this

Vikran Engineering Limited filed this with the NSE as a statutory disclosure, categorised under taxation. 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.

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Primary source

A plain-language summary of a public exchange filing by Vikran Engineering Limited. Read the original for the full detail.

View original filing