Vikran Engineering Legal & Regulatory
Vikran Engineering Limited received a GST show cause notice with a total demand of Rs. 1.55 Crore. The notice includes tax, interest, and penalties for alleged excess ITC claims.
- Value
- ₹1.55 Cr
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Vikran Engineering Limited received a GST show cause notice with a total demand of Rs. 1.55 Crore. The notice includes tax, interest, and penalties for alleged excess ITC claims.
Vikran Engineering secured a ₹153.76 Crore order from POWERGRID for the 400 kV AIS Extension Substation Package SS-136T. The project execution period is 21 months.
Vikran Engineering received a GST show cause notice with a total demand of ₹5.88 Crore including penalty. The company does not anticipate any material financial impact.
Vikran Engineering Limited won an Income Tax Appellate Tribunal appeal for AY 2016-17, resulting in the extinction of a ₹3.97 Crore contingent tax liability.