A2Z Infra Engineering Ltd Hit with ₹5.19 Crore GST Demand Order for Credit Note Discrepancy
A2Z Infra Engineering Ltd reports Rs. 5.19 crore GST demand order for credit note discrepancy and delayed tax filing, with shares trading down 3.57% at Rs. 17.00
A2Z Infra Engineering Ltd – GST Demand Order – Credit Note – taxscan
A2Z Infra Engineering Ltd – GST Demand Order – Credit Note – taxscan
A2Z Infra Engineering Ltd has reported receiving a Rs. 5.19 crore demand order from the Goods and Services Tax (GST) Appellate Authority. The order, dated April 16, 2025, and received by the company on May 28, 2025, relates to alleged discrepancies in GST filings for the financial years 2017-18 to 2019-20.
According to the company’s disclosure, the demand includes a tax liability of Rs. 1.66 crore, a penalty of Rs. 3.53 crore, and interest to be charged at applicable rates. The authority that issued the order is the Commissioner, CGST & CX, Appeal-1, Kolkata.
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The issue arose from two primary allegations:
- A Credit Note for December 2017 was reported in the GSTR-1 return of September 2018, which the tax department claims resulted in short payment of GST under Section 73 of the CGST Act.
- The company filed GSTR-3B returns late following an investigation by the Directorate General of GST Intelligence (DGGI), which further contributed to the liability under Sections 73, 74, and 50 of the CGST Act, 2017, along with applicable provisions of the West Bengal GST Act.
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Despite the sizable demand, A2Z Infra stated that the order has no material impact on its financial or operational activities. The company is preparing to challenge the order and expects a favorable outcome based on prevailing legal interpretations and judgments from various High Courts.
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As of May 30, 2025, 13:06:53 IST, A2Z Infra Engineering Limited’s share price stood at Rs. 17.00, down Rs. 0.63 or 3.57% from the previous close of Rs. 17.63. The stock opened at Rs. 17.80 and touched an intraday high of Rs. 17.83 and a low of Rs. 16.86, with a Volume Weighted Average Price (VWAP) of Rs. 17.28.
About A2Z Infra Engineering
A2Z Infra Engineering Limited is an integrated infrastructure services company in India, primarily engaged in providing engineering, procurement, and construction (EPC) services across various sectors, including power distribution, telecom, roads, and waste management. The company has also diversified into Facility Management Services (FMS) and municipal solid waste (MSW) management, making it a multifaceted player in the country’s infrastructure development landscape.
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