Prince Pipes and Fittings Ltd has disclosed that it has received a GST demand order of Rs 23,85,356 from the Office of the Superintendent, Central Tax & Central Excise, Palakkad North Range, Kerala. The disclosure was made through a regulatory filing dated November 28, 2025.
According to the notice issued under Section 73 of the CGST/UKGST Act, 2017, the demand pertains to the financial year 2021–22 and includes:
- IGST: Rs 9,56,902
- CGST: Rs 7,14,227
- SGST: Rs 7,14,227
This amount covers tax, interest, and penalty, adding up to the total of Rs 23.85 lakh.
Reason for demand
As per the annexure attached in the filing, the demand was raised after the tax officer disallowed certain GST credit and detected a difference between GST declared in GSTR-1 and the GST declared in E-way bills issued during FY 2020–21.
Company’s response
Prince Pipes has stated that, based on its internal assessment, the demand is not maintainable, and the company is evaluating all legal options, including filing an appeal against the order. It also clarified that it does not expect any financial or operational impact on the company due to the notice.
