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HEG Advanced Materials Limited reports dropping of GST proceedings for FY 2020-21

HEG Advanced Materials Ltd · Industrial Products

What the filing says

  • GST authority dropped proceedings under Section 74 of MPGST and CGST Acts dated October 15, 2026
  • Show-cause notice had proposed recovery of IGST refunds plus penalty of ₹282.34 crore for FY 2020-21
  • No financial or operational impact reported due to dropping of proceedings

Original filing

Intimation By Resulting Company (As Per Composite Scheme Of Arrangement) Regarding Dropping Of Proceedings By GST Authority For FY 2020-21

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.