📌 Shipping Corporation of India (SCI) - ₹23 Cr GST Demand Order 🧾 Tax Update: SCI receives revised GST demand from Joint Commissioner, State Tax (Appeal-VI), Mumbai. 💸 Revised Amount: ₹23.07 Cr (Includes ₹10.55 Cr in tax + interest & penalty) ⬇️ Down from earlier demand of ₹34.86 Cr ⚖️ Reason: Mismatch in Input Tax Credit (ITC) vs. GSTR-2A filings 🔍 Next Steps: SCI is evaluating the order May pursue legal action Believes it has strong grounds for appeal 🧮 Financial Impact: Potential contingent liability No provision confirmed yet 📊 Sentiment: 🔴 Negative Litigation risk and compliance issues may weigh on investor sentiment in the short term.