Shree Ganesh Remedies Limited received a GST summons from the Superintendent of Central GST and Central Excise Unit, Vadodara, alleging violations related to expired stock in a company warehouse. The summons involves a potential GST liability of approximately Rs. 88.61 Lacs. The company, supported by legal and tax counsel, plans to contest the allegations, believing them to be untenable under existing law and judicial precedents. They intend to file an appeal before the appellate authority. The investigation is currently at a preliminary stage, and the company has informed BSE Limited about the summons in compliance with SEBI regulations.
Shree Ganesh Remedies Reports Mixed Q4 Results with Profit Growth and Revenue Decline May 19, 2025