FilingReader Intelligence

Refex Industries contests $1.1m GST tax demand

July 22, 2025 at 09:29 AM UTC•By FilingReader AI

Refex Industries received a demand order for INR 8.93 crore from GST authorities for fiscal years 2019-20 to 2020-21. The demand includes INR 4.46 crore in tax and equal penalty, primarily due to inadmissible input tax credit from inactive GSTINs.

The company asserts the demand is not maintainable and plans to file an appeal.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 - The Company has received a Demand Order from Joint Commissioner, Office of Principal ....July 22, 2025 at 09:14 AM UTC

Refex Industries

BSE:REFEX•Bombay Stock Exchange

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