Equitas Small Finance Bank Limited informed that the Bank has received an Order-in-Original No.19/Supdt/CGST/R-V/BPL-I/2024-25 from the Office of the Superintendent, Central Goods and Services Tax & Central Excise, Range-V, Division-I, Bhopal Madhya Pradesh under section 73(1) of the CGST Act, 2017 & section 73(9) read with section 122(2) (a) of the CGST Act, 2017 on April 30, 2024 for tax demand amounting to INR 85,324 including penalty of INR 20,000/- on account of short payment of GST for the Financial Year 2018-19. Short payment of GST for financial year 2018-19, resulting in Tax Demand of INR 65,324 and Penalty of INR 20,000.