Compliance Crunch for A2Z Infra: GST Demand of ₹7.27 Crore Puts Section 74 in Play

A2Z Infra Engineering Ltd has informed the exchanges that it has received a demand notice from the Goods and Services Tax (GST) Department for about ₹7.27 crore, including penalties, for alleged short payment of tax across financial years 2018‑19 to 2022‑23. The notice has been issued under sub‑section (1) of Section 74 of the Central GST Act, 2017, read with corresponding provisions of the Sikkim GST Act, suggesting the demand is linked to alleged fraud, willful misstatement or suppression of facts. Investors will closely track the company’s response and any impact on cash flows and contingent liabilities.  

 

Notable updates / major takeaways  

Sources: Company disclosure to NSE and BSE, Goods and Services Tax Department