RVNL Receives ₹5.56 Crore GST Demand Notice from Gujarat Authorities
Rail Vikas Nigam Limited (RVNL) reports receiving a tax demand notice for FY 2021-22 and plans to appeal the order.
NEW DELHI: Rail Vikas Nigam Limited (RVNL) has informed the stock exchanges that it has received a formal demand notice (DRC-07) from the GST authorities in Ahmedabad, Gujarat. The notice pertains to tax matters for the Financial Year 2021-22.
In a regulatory filing, the company stated that the order was issued by the Office of the Assistant Commissioner, Range-2, Division-1, Ahmedabad.
Details of the Demand Notice
The demand stems from a tax assessment for the period of 2021-22. RVNL has provided the following breakdown of the notice received on December 23, 2025:
The total demand amount stands at ₹5.56 Crore, as per order number ZD2412251118851. The issuing authority is the Assistant Commissioner, Range-2, Division-1, based in Ahmedabad, Gujarat. The order was issued under Form GST DRC-07, which represents a summary of the tax demand.
Company’s Position and Financial Impact
RVNL has clarified that this notice does not pose a significant threat to its ongoing projects or overall financial health. The company’s response strategy includes:
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No Material Impact: The company categorically stated that there is no material impact on its financial, operational, or other activities due to this order.
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Legal Recourse: RVNL considers these orders challengeable. The company is in the process of filing, or has already filed, necessary appeals with the appropriate jurisdictional appellate authorities to resolve the dispute.
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Compliance: This disclosure was made in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015, ensuring that investors and the public are kept informed of all regulatory developments.