Enviro Infra Engineers Limited has informed the Exchange about Action(s) initiated or orders passed
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Enviro Infra Engineers has received an order from the Assistant Commissioner of State Tax imposing penalty and interest under Section 73(5) of the CGST Act for FY 2021-22. The order relates to alleged short payment of tax and excess Input Tax Credit (ITC) claimed, for reasons other than fraud or willful misstatement. The total demand is ₹84.25 lakh, comprising SGST of ₹12.38 lakh, CGST of ₹12.38 lakh, and IGST of ₹59.49 lakh. The order was received by the concerned officer on June 11, 2025, and intimated to the exchanges on June 18, 2025.
The company states there is no material impact on its financials, operations, or other activities and plans to take appropriate action (likely appeal) within the prescribed timeline. For shareholders, this is a relatively minor tax demand (under ₹1 crore) that is unlikely to affect the stock price significantly.