Navneet Education receives GST summons regarding ITC inquiry

Navneet Education Ltd has disclosed receiving a summons from the State Tax Officer-cum-Proper Officer, Mohali-II, under the Central Goods and Services Tax Act, 2017. The summons relates to an inquiry concerning Input Tax Credit (ITC) and a closing balance of ₹81,93,942/- in the Electronic Credit Ledger. The company's authorized representative is required to appear on July 16, 2026, to provide evidence and documents. Navneet Education stated it is cooperating fully and currently sees no ascertainable financial impact or material operational disruption, as no demand, penalty, or adverse order has been issued.