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Gujarat Fluorochemicals LimitedImportant, 20-05-2025: Updates

20-05-2025 | 07:00 pm

Gujarat Fluorochemicals Limited faces a Rs. 1.13 Cr penalty for short payment of GST on royalty between Oct 2021 and Jul 2022. The issue arose from a GST rate change from 12% to 6%, with the company paying the differential plus interest after the update. The company is contesting the penalty through an appeal process.

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