Inspection initiated pursuant to the provisions of the Goods & Service Tax Act at registered office/place of business of the Company on 21.11.2025 and concluded at 10:35 P.M. IST on the ....
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Asian Tea & Exports Ltd disclosed that the Special Commissioner of Revenue, Bureau of Investigation (South Bengal) conducted an inspection at the company's registered office in Kolkata on November 21, 2025, under Section 67(1) of the West Bengal GST Act, 2017. The inspection was initiated and concluded on the same day at 10:35 PM IST. The company provided available documents and asked for additional time to furnish the remaining records sought by officials. The company is currently seeking legal advice on the matter.
The company states there is no material impact on its financial position or operations at this stage. However, if the inspection leads to findings of tax violations, it could result in additional tax demands, penalties, or interest, which may affect future financials. Investors should watch for follow-up disclosures on the outcome.