GP Eco Solutions India Limited — Others, 18-08-2025: Action(s) initiated or orders passed

GP Eco Solutions India has received an order from the State GST authority imposing a penalty of Rs. 0.32 Cr. This penalty stems from an alleged discrepancy where the applicable GST rate on certain goods was reported as 12% instead of 18%. The company asserts that no default occurred on its part and disputes the order. It plans to appeal against this penalty. This action addresses a potential financial liability and outlines the company's approach to the tax demand, which is relevant for shareholders.