Awfis Space Solutions Limited has secured GST relief with Rs 2.97 crore in tax demands dropped for multiple financial years, resulting in no liability for those periods while proceedings for other years remain ongoing.
Saloni Kumari | May 5, 2026 |
Awfis Space Solutions Secures Major GST Relief: Rs 2.97 Crore Demand Quashed, No Liability for Key FYs
Awfis Space Solutions Limited has informed the Stock Exchange about the receipt of certain orders from the GST department.
On November 06, 2024, the GST department conducted an inspection at the company’s premises, where it found multiple documents and details pertaining to the financial years 2019-20 to 2024-25. In conclusion, the company was sent a notice dated June 25, 2025, in DRC-01 in Tamil Nadu, explaining these documents and proposing a demand amounting to Rs 7.61 crore.
The company is presently in the process of furnishing a reply(s) to the notice for each financial year separately. The company had furnished a separate reply on December 16, 2025, for the financial year 2019-20. Thereafter, the tax authorities sent a hearing notice dated March 12, 2026, to the company, asking it to furnish all relevant documents in answer to DRC-01 for the financial year 2019-20.
The company was sent the final order dated March 23, 2026, under Section 74 of the GST Act, in DRC-07, with zero demand for the financial year 2019-20. As per the present situation of litigation, the GST authorities have dropped the demand of Rs 58.67 lakh in the final order dated March 23, 2026, issued under Section 74 for the financial year 2019-20, resulting in no liability for that year.
Further, the company received final orders dated April 30, 2026, for two more financial years, i.e., FY 2023-24 and FY 2024-25, dropping a demand of Rs 1 crore and Rs 1.38 crore, respectively. With these actions, a total demand amounting to Rs 2.97 crore has been withdrawn, meaning now the company is not required to make any payment.
As a result, the proceedings for these specific financial years have been concluded, and there is no outstanding liability related to them. However, the matter is not entirely closed, as proceedings for the remaining financial years 2020-21, 2021-22, and 2022-23 are still under review by the relevant GST authorities.
The company has disclosed the aforementioned details through a regulatory filing dated May 04, 2026, addressed to the Bombay Stock Exchange (BSE) Limited and the National Stock Exchange of India (NSE) Limited, filed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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