Trans Freight Containers Gets Fresh Rs 7.53 Crore GST Demand Notice
Trans Freight Containers Limited has received a new GST demand notice of Rs 7.53 crore from the tax department, related to leasehold rights transfer in MIDC land during FY22. The company has challenged this demand in Bombay High Court and informed BSE under regulatory requirements. This follows a previous GST demand of Rs 8.43 crore for similar matters in the same financial year.
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Trans Freight Containers Limited (TFCL) has received another show cause notice from the Goods & Services Tax (GST) department, this time demanding Rs 7.53 crore related to the transfer of leasehold rights in MIDC land during financial year 2021-22. The latest notice, dated December 29, 2025, was placed on the GST department's website and came to the company's knowledge on December 30, 2025.
Latest Demand Details
The fresh GST demand notice includes the following components:
| Component: | Amount (Rs) |
|---|---|
| GST Amount: | 39,27,604 |
| Interest: | 32,11,380 |
| Penalty: | 3,92,760 |
| Total: | 75,31,744 |
Company's Legal Challenge
Trans Freight Containers has challenged the latest demand before the Hon'ble Bombay High Court, with the outcome currently awaited. This follows the company's earlier intimation dated October 27, 2025, regarding GST matters related to the same financial year.
Previous GST Demand
This is not the first GST demand notice received by TFCL for similar matters. The company had previously received a notice demanding Rs 8.43 crore for the same period, which included:
| Component: | Previous Demand (Rs) |
|---|---|
| GST Amount: | 44,33,324 |
| Interest: | 35,55,528 |
| Penalty: | 4,43,332 |
| Total: | 84,32,184 |
Regulatory Compliance
The company has informed BSE Limited about the latest development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chief Financial Officer Chandrabhan Singh communicated the details to the exchange, ensuring transparency with stakeholders.
Impact Assessment
Both demands pertain to the transfer of leasehold rights in MIDC land during the same financial year 2021-22. The company continues to evaluate the potential impact of these notices on its financial statements while pursuing legal remedies through appropriate channels.
Historical Stock Returns for Trans Freight Containers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -1.19% | -11.08% | -29.76% | -35.78% | +232.84% |
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