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Bansal Wire Industries informs about updates
Dec-09-2025

Bansal Wire Industries has informed that this is in furtherance to letter dated December 02, 2025 wherein they had intimated about the receipt of communication/ Show Cause Notice received from the Joint Commissioner, SGST, Corporate Cirele-I, Ghaziabad (A) for Goods & Services Tax, Interest and Penalty under Section 74 of the CGST/ SGST Act, 2017 for the financial year 2020-21. The submission of response along with necessary supporting documentation, the Tax authority has revised the initially determined tax liability, resulting in a reduced amount payable as compared to the initially determined figure. The demand amount payable has been reduced from Rs. 20277.40 Lacs to Rs. 10132 Lacs resulting in a reduction in Tax liabhity. The revision amount includes Tax amounting to Rs. 34,53,201/- Interest amounting to Rs. 32,25,384 and Penalty amounting to Rs. 34,53,201/-.

The above information is a part of company’s filings submitted to BSE.

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