Supertex Industries Faces ₹18.4 Crore GST Tax And Penalty Demand

26 October 2026

Supertex Industries Ltd.

Received October 25, 2026 order from Additional Commissioner, Central GST Surat confirming demand for alleged ineligible ITC availment, demanding Rs 9.2 crore tax plus interest and Rs 9.2 crore penalty; company is reviewing the order and will contest the demands.