FilingReader Intelligence
PCBL faces $15.5m tax demand over credit claims
July 19, 2025 at 04:59 PM UTC•By FilingReader AI
PCBL Chemical Limited faces a confirmed tax demand of INR 15.5m plus interest and an INR 11.6m penalty from India's tax authorities.
The demand relates to alleged incorrect availment of input service credit during 2011-12. The tax authority dropped a larger proposed demand of INR 17.4m.
PCBL plans to appeal the order and says it expects no material impact on its operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:PCBL•Bombay Stock Exchange
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