Trans Freight Containers Receives Rs 8.43 Crore GST Demand Notice

1 min read Updated on 27 Oct 2025, 05:07 PM

Reviewed by

Shriram SScanX News Team

Overview

Trans Freight Containers Limited (TFCL) has received a show cause notice from the GST department demanding Rs 8.43 crore related to the transfer of leasehold rights in MIDC land during FY 2021-22. The demand includes Rs 44.33 lakh in GST, Rs 35.56 lakh in interest, and Rs 4.43 lakh in penalties. TFCL believes the demand is not payable based on initial assessment and plans to respond by October 30, 2025. The company is consulting advisers, exploring legal options, and will evaluate the need for any financial provisions.

*this image is generated using AI for illustrative purposes only.

Trans Freight Containers Limited (TFCL) has received a show cause notice from the Goods & Services Tax (GST) department, demanding a total of Rs 8.43 crore related to the transfer of leasehold rights in MIDC land during the financial year 2021-22. The company is currently examining the notice and evaluating its potential impact.

Demand Breakdown

The GST department's demand includes the following components:

Component	Amount (in Rs)
GST Amount	44,33,324
Interest	35,55,528
Penalty	4,43,332
Total	84,32,184

Company's Response

TFCL believes that the demand is not payable based on their initial assessment. The company is taking the following steps in response to the notice:

Consulting with tax advisers and legal counsel
Planning to respond to the GST authority by the due date of October 30, 2025
Exploring various legal options

Potential Impact and Future Actions

While TFCL expects that no final liability will arise based on a high court judgment, the exact quantum remains uncertain at this stage. The company has stated that it will:

Consider the potential impact of the demand on its financial statements
Evaluate whether any provision needs to be made in the books
Keep the stock exchange informed of any future developments in the matter

Investors and stakeholders are advised to monitor further updates from Trans Freight Containers regarding this GST demand notice and its potential financial implications.

Historical Stock Returns for Trans Freight Containers

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	+4.09%	+5.04%	-23.62%	-41.46%	+451.86%

Trans Freight Containers

View in Depth

Financial Highlights

For the quarter ended June 30, Trans Freight Containers Ltd reported:

Particulars	Q1 (₹ in Lakhs)	Q1 (₹ in Lakhs)	YoY Change (%)
Total Income from Operations	4.41	4.11	7.30
Net Profit	36.40	30.90	17.80
Earnings Per Share (EPS)	0.49	0.42	16.67

Revenue and Profitability

Trans Freight Containers' total income from operations increased by 7.30% year-over-year, rising from ₹4.11 lakhs to ₹4.41 lakhs. The company's net profit grew by 17.80%, climbing from ₹30.90 lakhs to ₹36.40 lakhs during the same period.

Earnings Per Share

The company's earnings per share (EPS) also improved, increasing from ₹0.42 to ₹0.49, representing a 16.67% year-over-year growth.

About Trans Freight Containers Ltd

Trans Freight Containers Ltd is engaged in the freight container business. The company's registered office is located in Mulund, Mumbai.

Investors and stakeholders are advised to consider these results in the context of broader market conditions and the company's long-term performance trends.

Historical Stock Returns for Trans Freight Containers