Harish Textile Engineers gets GST notice for FY 2022-23 ITC discrepancies
Harish Textile Engineers received a GST ASMT-10 notice on July 13, 2026, from the Office of the Assistant Commissioner of State Tax, Nashik, regarding ITC discrepancies for FY 2022-23. The company must respond by August 14, 2026. Currently, no financial impact or penalty has been imposed.
*this image is generated using AI for illustrative purposes only.
Harish Textile Engineers has received a notice from the Goods and Services Tax Department regarding discrepancies in the Input Tax Credit (ITC) claimed for the financial year 2022-23. The notice in Form GST ASMT-10 was issued on July 13, 2026, by the Office of the Assistant Commissioner of State Tax, Ambad_505, Nashik, Maharashtra. The company has been directed to furnish its explanation along with supporting documents on or before August 14, 2026.
The notice follows a scrutiny of the company's GST returns (GSTR-3B) for the period April 2022 to March 2023. During this process, the tax authority identified certain discrepancies concerning the ITC claimed by the company. The communication was received by the company via email on July 13, 2026.
Response and Current Status
Harish Textile Engineers is currently examining the observations detailed in the notice. The management stated that it is taking appropriate steps to prepare and submit a detailed reply along with the necessary supporting documents within the prescribed timeline. The company emphasized that the notice is a scrutiny measure seeking clarification and that no demand, penalty, or adverse order has been passed against it at this stage.
Disclosure Details
The following table outlines the key details of the regulatory disclosure:
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Name of Authority | Goods and Services Tax Department |
| 2 | Designation of the assessing officer | Assistant Commissioner of State Tax |
| 3 | Unit | Ambad_505, Nashik, Maharashtra |
| 4 | Nature of action | Notice in Form GST ASMT-10 issued under Section 61 of the Central Goods and Services Tax Act, 2017, intimating discrepancies in GSTR-3B returns for FY 2022-23. |
| 5 | Date of receipt | July 13, 2026 |
| 6 | Violation/Contravention | Discrepancies observed regarding ITC claimed during scrutiny of GST returns for FY 2022-23. |
| 7 | Financial Impact | No financial impact can be ascertained at present as no tax demand, interest, or penalty has been imposed. |
| 8 | Remark | The company is examining the notice and will submit its reply within the prescribed timeline. |
Historical Stock Returns for Harish Textile Engineers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.87% | +3.53% | +6.51% | +6.41% | +10.91% | +128.29% |
What are the potential financial implications if the discrepancies in the Input Tax Credit are validated by the tax authorities?
How might this scrutiny affect Harish Textile Engineers' compliance practices for future financial years?
Could this notice lead to further audits or investigations into the company's other tax filings?
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