Chambal Fertilizers & Chemicals Limited — Others, 08-11-2024: Action(s) taken or orders passed

Chambal Fertilisers and Chemicals Limited reported a penalty of ₹45,750 imposed by the Office of Superintendent, Central Goods & Service Tax for availing excess Input Tax Credit on opening stock. The company stated that this penalty will have no significant impact on its financial or operational activities. Additionally, the company plans to challenge the penalty at appellate forums, asserting that it has a strong case.