Classic Filaments Ltd - 540310 - Intimation Of Show Cause Notice(S) Dated May 18, 2022 Issued To The Company For Contravention Under Section 74 Of The SGST Act, 2017/ CGST Act, 2017
Dear Sir, Ref: Stock Code - 540310 Sub: Intimation of Show Cause Notice(s) dated May 18, 2022 issued to the Company for contravention under Section 74 of the SGST Act, 2017/ CGST Act, 2017 Ref: Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ================================================ Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you the Company has received two Show Cause Notices (SCN) dated May 18, 2022 making a demand aggregating to Rs. 23,26,644/- for wrongful availment of Input Tax Credit. Kindly note that the Company is currently examining the aforesaid Show Cause Notice(s) and may consider taking legal opinion i.r.o the same. The Company shall intimate to the Stock Exchange(s) further line of action taken in the said matter. Kindly take the same on your record.19-05-2022