Indo Euro Indchem Limited responded to BSE's query regarding delayed disclosure of a GST demand order worth ₹10.69 lakh with additional penalty of ₹62.71 lakh. The company explained that the delay was due to internal review processes and consultation with tax advisors before determining the defense strategy. The order alleges fraudulent availment of Input Tax Credit through fake e-way bills, which the company plans to contest through appropriate legal channels while maintaining normal operations.
Indo Euro Indchem Clarifies Delayed GST Order Disclosure to BSE
