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Indo Euro Indchem legal & regulatory announcements

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11:29 IST BSE
Legal & RegulatoryIndo Euro Indchem Ltd INDOEURO

Indo Euro Indchem Legal & Regulatory

Indo Euro Indchem Limited received a GST Demand Order totaling ₹0.73 Crore, comprising ₹10.69 Lakh in tax and ₹62.71 Lakh in penalties. The order alleges fraudulent Input Tax Credit (ITC) claims. The company intends to defend the matter before appropriate authorities, and the financial impact is currently considered a contingent liability.

Value
₹0.73 Cr