Race Eco Chain Receives ₹16.75 Crore GST Show-Cause Notice

Race Eco Chain received a GST demand-cum-show-cause notice covering FY2020-21 through June 2026, alleging ineligible input tax credit of ₹16.75 crore from suppliers whose registrations were cancelled. No final determination has been made; the company plans to respond within 30 days and expects no immediate operational impact.