Aether Industries Legal & Regulatory
Aether Industries announced that the GST authorities dropped the previously received demand and show cause notice, confirming the tax credits are legitimate with no financial impact.
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Aether Industries announced that the GST authorities dropped the previously received demand and show cause notice, confirming the tax credits are legitimate with no financial impact.
Aether Industries Ltd received a Rs. 4.26 Crore demand and show cause notice from the CGST & Central Excise Commissionerate, Surat. The demand relates to disallowed tax credits on IPO-related expenses during FY 2020-21 and FY 2021-22. The company stated this will have no material impact on operations and will submit an appropriate response.