Tembo Global Receives GST Show Cause Notice for Alleged Invoice Irregularities

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Tembo Global Receives GST Show Cause Notice for Alleged Invoice Irregularities

Team Finance Saathi

04/Feb/2025

What's covered under the Article:

Tembo Global Industries receives show cause notice from the GST Department.
Allegations involve incorrect invoicing and GST recovery of INR 19,43,420.
Company disputes the allegations and will file an appeal.

Tembo Global Industries Limited has disclosed that it received a show cause notice from the Additional Commissioner of CGST & Central Excise, Palghar Commissionerate on February 4, 2025, related to an alleged violation of GST regulations. The company has been accused of supplying goods and services without issuing an invoice or issuing incorrect invoices, which has led to a demand of INR 19,43,420 in CGST and IGST recovery.

Show Cause Notice Details:

Authority: Additional Commissioner, CGST & Central Excise, Palghar Commissionerate
Demand: INR 19,43,420 (CGST and IGST Recovery)
Date of Receipt: February 4, 2025
Violation: Alleged non-compliance in invoicing, either by not issuing invoices or issuing incorrect ones.

The company has responded to the notice by denying the allegations and will be filing an appeal with the relevant authorities to dispute the claims made by the GST Department.

Impact on Operations

According to Tembo Global Industries, there is no material impact on the company's financials or business operations. The company assures stakeholders that the issue is being handled and will not affect the routine operations of the business.

Next Steps

Tembo Global Industries will be submitting an appeal to the relevant authorities regarding the show cause notice. The company aims to resolve this issue through the appropriate legal channels, and it does not foresee any major disruptions to its business.

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Services

Tembo Global Receives GST Show Cause Notice for Alleged Invoice Irregularities

Show Cause Notice Details:

Impact on Operations

Next Steps

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Disclaimer