Announced Fri, 10 Jul · 12:12 IST
Navneet Education gets GST summons over Rs 81.94 lakh ITC inquiry
Regulatory & Legal View source PDF
NAVNETEDUL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹149.00
prior close
₹150.24
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0—+0.1—+0.7-0.2+0.7+0.6-2.7-2.0————
Up moveDown movePending
AI summary
Navneet Education received a summons from the State Tax Officer in Mohali under Section 70 of the CGST Act, 2017 and Punjab GST Act, 2017. The inquiry relates to an Input Tax Credit balance of about Rs 81.94 lakh and the Electronic Credit Ledger. The company has been asked to appear on July 16, 2026. No demand, liability, penalty or adverse order has been passed. The company is cooperating and furnishing documents.
Likely market impact
Routine GST inquiry at this stage; no financial demand or penalty imposed yet. Watch for further updates from the company.