Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulation 2015, we wish to inform you that that the Company has ....
BAYERCROP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Bayer CropScience has received an order from the Office of the Commissioner of Goods and Service Tax and Central Excise, Salem, Tamil Nadu, imposing a penalty of Rs. 101 million. The order pertains to GST on Input Tax Credit availed and GST on Outward Supply for the financial years 2018-19 to 2022-23. The order was received on December 23, 2025. The company has stated that the order is appealable and it intends to exercise its right to appeal against it. The penalty amount is relatively small compared to Bayer CropScience's overall scale of operations and is not expected to materially affect its financials, though the outcome of the appeal remains pending.
The Rs. 101 million penalty is a minor financial hit and is unlikely to move the stock significantly. Shareholders should note that the company is contesting the order, so the actual financial impact will depend on the appeal outcome.