Diffusion Engineers Ltd

⚠️ Diffusion Engineers Ltd Faces ₹1.44 Crore GST Demand & Penalty

- GST demand order issued on March 24, 2026

- Total demand: ₹72,13,794 for alleged excess Input Tax Credit

- Additional penalty: ₹72,13,794 under Section 74 of CGST Act

- Applies to financial year 2019-2020

- Company intends to challenge the order

- Believes demand and penalty are not sustainable

- Expects no material impact on financial position or operations