- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
National Fertilizers Limited has announced a board meeting to address an order received from the Joint Commissioner of Central Tax, Guntur, concerning alleged short payments and GST violations totaling ₹28.96 Crores. This order reflects issues from the fiscal years 2018-19 to 2021-22, including GST on freight charges and irregularities in Input Tax Credit (ITC) claims. The company emphasizes that there is no material impact on its financial or operational activities and is considering an appeal against the order. Investor sentiment may remain stable, given the lack of material impact, but potential risks associated with the appeal process could arise.