Prudent Corporate Advisory Services Limited received a order from officer of State Tax Officer of Gujarat, Ghatak 9, Division 1 (Ahmedabad), Gujarat. Nature and details of the action(s) taken, initiated or order(s) passed: Nature - GST Notice [Form GST DRC-01A]. Period involved - April 2019 to March 31, 2020.

Tax demand raised -INR 1,639,039. Interest ­ INR 1,406,819. Penalty raised - INR 179,798.

Date of receipt of direction or order, including any ad- interim or interim orders, or any other communication from the Authority: Physical copy received on April 18, 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed: A. Allegations of short payment of RCM Liability. B. Allegations that Excess Input tax credit availed.

C. Allegation that Short /Non-reversal of proportionate Input tax credit on non-business transactions /Exempted supplies. D. Allegation that under declaration of Ineligible ITC /Blocked ITC availed. E. Allegation that Input tax credit availed from returns defaulters and tax non payer supplier.

F. Interest levied due to late filing of return.