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Bansal Wire Industries informs about updates

09 Dec 2025 Evaluate

Bansal Wire Industries has informed that this is in furtherance to letter dated December 02, 2025 wherein they had intimated about the receipt of communication/ Show Cause Notice received from the Joint Commissioner, SGST, Corporate Cirele-I, Ghaziabad (A) for Goods & Services Tax, Interest and Penalty under Section 74 of the CGST/ SGST Act, 2017 for the financial year 2020-21. The submission of response along with necessary supporting documentation, the Tax authority has revised the initially determined tax liability, resulting in a reduced amount payable as compared to the initially determined figure. The demand amount payable has been reduced from Rs. 20277.40 Lacs to Rs. 10132 Lacs resulting in a reduction in Tax liabhity. The revision amount includes Tax amounting to Rs. 34,53,201/- Interest amounting to Rs. 32,25,384 and Penalty amounting to Rs. 34,53,201/-.

The above information is a part of company’s filings submitted to BSE.

Bansal Wire Inds. Share Price

286.60 13.20 (4.83%)
13-Apr-2026 16:59 View Price Chart
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