NGL Fine-Chem Limited (NGLFINE)
Disclosure of Show Cause Notice received from the GST Department
Show Cause Notice received from GST Department dated Sep 22, 2026, with personal hearing on Oct 22, 2026
- Notice issued under Section 73(1) of CGST/MGST Act for FY 2022-23 scrutiny
- Proposed demand: ₹6.19 crore (Tax ₹3.04 crore; Interest ₹2.66 crore; Penalty ₹0.48 crore)
- Alleged violations: excess outward tax declared vs paid, and ineligible input tax credit claimed
- Company to file detailed reply and believes no material financial or operational impact expected
Source: Original filing PDF
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🚨 NGLFINE — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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