Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has received a letter dated June 13, 2025 for Notice for conducting Audit under Section 65 of Central Goods & Services Tax Act, 2017.
LIBAS · price
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Libas Consumer Products Limited has received a notice from the Assistant Commissioner of State Tax, GST Mumbai, dated June 13, 2025, informing the company about a GST audit under Section 65 of the Central Goods & Services Tax Act, 2017. The audit pertains to Financial Year 2021-2022. As of now, no specific non-compliances, penalties, or restrictions have been flagged, and no official document detailing financial implications has been issued. The company is required to furnish necessary documents to the GST department by June 27, 2025.
At this stage, there is no financial impact on the company since no irregularities have been identified. Investors should monitor the outcome of the audit, as any adverse findings could lead to tax liabilities or penalties. For now, this appears to be a routine regulatory review.