StockWatch
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Pharmaceuticals
Tax & Penalty23 Jun 2026, 11:20 am

Acutaas Chemicals: CGST Search Concluded, No Material Impact

AI Summary

Acutaas Chemicals Ltd announced the conclusion of an inspection/search by the Central Goods & Service Tax & Central Excise (CGST & CE), Anti-evasion Department, Surat, Gujarat. The search, conducted under Section 67 of the CGST Act, 2017, at the company's registered office and manufacturing unit, concluded on June 23, 2026. The company stated that it has provided all necessary documents and clarifications. Importantly, no official document has been issued by the CGST department, and there is no material impact on the company's financials, operations, or other activities as a result of this inspection.

Key Highlights

  • CGST Anti-evasion department concluded search on June 23, 2026.
  • Search conducted at registered office and manufacturing unit.
  • Company provided necessary documents and clarifications.
  • No official document issued by CGST department.
  • No material impact on financials or operations reported.