Announced Fri, 24 Jul · 13:02 IST
Graphite India clarifies delayed GST order disclosure to BSE
Regulatory & Legal View source PDF
GRAPHITE · price
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₹660.00
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₹674.05
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AI summary
Graphite India filed a clarification with BSE about a delayed disclosure of a GST-related order. The order under Section 73 of CGST Act dated 20-Jul-2026 relates to excess ITC claim, with tax demand of about Rs. 36 lakh, interest of Rs. 35.5 lakh, and penalty of Rs. 3.6 lakh. The appeal was partially allowed and order modified. Company states no material impact on financials and will file further appeal.
Likely market impact
Minor GST demand with partial relief already obtained; company says no material financial impact. Disclosure delay was procedural only.