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Bansal Wire Industries Receives ₹202.77 Crore GST Show-Cause Notice for FY21

Summary by Elite Wealth
Bansal Wire Industries has received a GST show-cause notice amounting to ₹202.77 crore for the financial year 2020–21. The notice was issued on December 1, 2025, by the Joint Commissioner of SGST, Corporate Circle-I, Ghaziabad Zone-I, under Section 74 of the CGST/SGST Act. The disclosure was made as part of mandatory regulatory compliance to the stock exchanges. Breakdown of the Demand Tax: ₹69.19 crore Interest: ₹64.39 crore Penalty: ₹69.19 cr…
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Elite Wealth broke the news in on Wednesday, December 3, 2025.
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