UCAL Receives ₹6.48 Crore GST Demand In FY2022-23 Show-Cause Notice

UCAL received a GST show-cause notice for FY23 alleging multiple ITC, supply and reconciliation discrepancies, with ₹6.48 crore demanded including interest. The company disputes the SCN, reports no immediate financial impact, and will file a detailed reply. Context: this exceeds previously stated immaterial GST exposures.