Tax & Penalty7 Aug 2026, 12:11 pm
Nureca Ltd Concludes Tax Dispute with ₹15.4 Lakh ITC Reversal
AI Summary
Nureca Ltd has received a Final Order of Rectification from the CGST Act, 2017 authority, concluding a pending tax matter for the 2021-22 period. The dispute has been resolved through the reversal of Input Tax Credit (ITC) amounting to ₹15,40,311. The company has confirmed that this settlement results in no further demand, and the matter is now officially disposed of. This disclosure is made in compliance with SEBI regulations.
Key Highlights
- Tax dispute for FY 2021-22 resolved.
- ₹15.4 Lakhs ITC reversed to settle dues.
- No further financial demand from tax authorities.
- Matter officially concluded and disposed of.
Price Impact
More from NURECA