Euro Pratik Sales Ltd confirmed that the GST Department carried out inspections at its Mumbai offices and Thane godowns between February 23 and March 1, 2026. The company reported no major adverse findings, with only a minor financial impact of ₹11.70 lakh, which was settled during the inspection.
Euro Pratik Sales Ltd has officially disclosed that the Goods and Services Tax (GST) Department initiated inspection proceedings at its corporate offices in Mumbai and storage facilities in Thane. The inspection, spanning from February 23 to March 1, 2026, was part of routine compliance checks conducted by tax authorities.
Despite initial concerns, the company clarified that the inspection did not result in any significant penalties or operational disruptions. The financial impact was limited to ₹11.70 lakh, comprising interest payments and Input Tax Credit (ITC) reversals, both of which were promptly settled during the inspection period.
Key Highlights
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Inspection Period: February 23 – March 1, 2026
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Locations Covered: Mumbai offices and Thane godowns
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Findings: No material adverse observations reported
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Financial Impact: ₹11.70 lakh (interest + ITC reversal)
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Company Response: Immediate compliance and settlement of dues
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Operational Impact: Minimal, with business continuity unaffected
This inspection underscores the importance of regulatory compliance and transparency in corporate governance. Euro Pratik Sales Ltd’s proactive settlement reflects its commitment to maintaining tax discipline and operational integrity.
Sources: ScanX News, Maharashtra GST Department, CBIC – Government of India