Flair Writing Industries Limited has received relief as CGST proceedings under Section 74 for FY 2018-19 have been dropped by Mumbai East Commissionerate authorities. The company had faced a show cause notice involving ₹27.54 lakh in disallowed ITC, including ₹13.77 lakh each in tax payable and penalty. Following submission of documents and reply, the proceedings have been completely dropped with no material impact on the company's financial operations or business activities.
Flair Writing Industries Receives Relief as CGST Proceedings for FY 2018