MEGAFLEX2025-01-012025-03-31MEGAFLEX2025-03-31MEGAFLEX2024-12-31MEGAFLEX2025-03-31OngoingTaxLitigationsOrDisputesDomain1xbrli:pure000000MEGAFLEXINE0G1D01014MEGA FLEX PLASTICS LIMITED2024-04-012025-03-31Yearly2025-03-31SMEfalseAs per the Regulation 15(2)(b) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations, 2015), the corporate governance provisions as specified in Regulations 17 to 27 and clause (b) to (i) of sub regulations (2) of Regulation 46 and para C, D and E of Schedule V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 do not apply to our Company for the year ended 31st March 2025, since the Company has listed its specified securities on the SME Exchange of NSE.truefalseAnnexure I (Part C) of the SEBI Circular dated 31st December, 2024, related to the Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies, is not applicable to the entity, for the quarter ended 31-03-2025. falseDuring the Quarter Ended March 31, 2025, There is no Imposition of fine or penalties on the company.truefalseAnnexure I (Part F) of the SEBI Circular dated 31st December, 2024, regarding the Disclosure of Loans/ Gurantees/ Comfort Letters/ Securities is not applicable to the Company, as no Loans/ Gurantees/ Comfort Letters/ Securities transaction occured in the company during the quarter ended 31-03-2025.truecomm00992Original00000Range Superintendent, Central Goods and Service Tax (CGST), 20172023-01-24The Company during the year 2017 – 2018 has sold 3 no of motor vehicles, claimed exemption under rule 32(5) of CGST rule 2017 which allows dealer of second hand goods to sell used goods without charging GST if no ITC was claimed at the time of purchase and in the same year during the scrutiny of records, the Department considered this transaction as supply under section 7 of GST Act, 2017 and also as Taxable Supply under section 9 of the Act. Also stated that as per rule 32(5) exemption does not apply if depreciation was claimed on the Capital Asset, which disqualifies the transaction from being treated as Exempt second hand goods. Therefore, the Department rejected the contention of the Company and confirmed the demand of 2,87,400 and compensation cess of 1,44,750. The Company is intending to file an appeal against the judgement of Superintendent, issued on 05th February 2025 to the Commissioner (Appeal – II), and the timeline for the same is 90 days from the receipt of such order.