AYM Syntex Ltd

📄 AYM Syntex Receives GST Order Totaling ₹58.35 Lakh

- AYM Syntex Limited received an Order-In-Original from the Assistant Commissioner, CGST & Central Excise, Division-VIII, Daman Commissionerate on April 21, 2026.

- The order demands recovery of interest on wrongly availed and utilized Input Tax Credit (ITC) amounting to Rs. 10,27,225 for the financial year 2020-21.

- A penalty of Rs. 48,07,770 has also been imposed by the authority.

- The company states it does not foresee any material financial, operational, or other impact from this communication.

- AYM Syntex Limited is evaluating further action, including filing an appeal against the order.