Legal31 March 2026 at 06:32 am
Mangalore Refinery and Petrochemicals Receives Order in Original from Central Excise & Central Tax Office
AI Summary
Mangalore Refinery and Petrochemicals Ltd. has received an Order in Original from the Office of the Commissioner of Central Excise & Central Tax, Mangaluru. The order is related to the GST Department's Show Cause Notice (SCN) on various issues and has passed an order for demand of Rs.10,96,99,437/- (basic amount) and penalty of Rs.12,79,10,256/- with interest as applicable for the period FY 2019-20 to FY 2023-24. The company is reviewing the order and plans to file an appeal within the prescribed timeline.
Key Highlights
- Mangalore Refinery and Petrochemicals Ltd. has received an Order in Original from the Office of the Commissioner of Central Excise & Central Tax, Mangaluru.
- The order is related to the GST Department's Show Cause Notice (SCN) on various issues for the period FY 2019-20 to FY 2023-24.
- The demand for Rs.10,96,99,437/- (basic amount) and penalty of Rs.12,79,10,256/- with interest as applicable has been passed.
- The company is reviewing the order and plans to file an appeal within the prescribed timeline.
- No significant impact is expected on the company's operations due to this order.