27-Aug-2026 17:11:15
OALGeneral news
ORIENTAL AROMATICS : RECEIVES SHOW CAUSE NOTICE
• Received Show Cause-cum-Demand Notice from Principal Commissioner, Central GST and Central Excise, Vadodara-I. • Notice received via email on August 26, 2026, pertains to transactions with a vendor from April 1, 2020, to March 31, 2025. • Notice proposes recovery of IGST ITC of ₹95,68,533/- along with interest and penalty. • Also proposes penalty for ITC of ₹15,962/- passed on to a non-existent supplier. • Company will file an appropriate response within the prescribed timelines. • Financial implications are not ascertainable at this stage as it is a show cause notice. Impact: Financial implications not ascertainable.
Oriental Aromatics Limited
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