Archive · 20 Nov 2025
GST Authorities Search Supreme Industries; Company Assures No Operational Impact
GST officials checked Supreme Industries' offices and factories.
The company says it's helping them and business is still normal.
The company's stock price has gone down a lot this year, but this search won't change that much.
GST authorities searched Supreme Industries' Mumbai and Khopoli units
Inquiry covers accounts, tax payments, and insurance-related information
Company cooperating with GST officials, operations unaffected
Share price decline of 23.94% this year
Action taken under Section 67 of Maharashtra GST Act, 2017
- Who
- GST authorities, Supreme Industries
- What
- Search and inspection of Supreme Industries' offices and factories
- When
- Recently
- Where
- Mumbai and Khopoli units of Supreme Industries
- Why
- To investigate accounts, tax payments, and insurance-related information
GST Authorities
Supreme Industries
Purpose of Search
GST Authorities
To investigate financial details
Supreme Industries
To cooperate and provide required information
- Company
- Supreme Industries
- Locations Searched
- Nariman Point, Andheri East, Khopoli
- Section of GST Act
- Section 67 of Maharashtra GST Act, 2017
- Share Price Decline (YTD)
- 23.94%
- Impact on Operations
- None