
Bayer CropScience Ltd. Receives Penalty Order Related to GST
Bayer CropScience Ltd. announced today, March 27, 2026, that it has received a penalty order from the Office of the Assistant Commissioner, Central GST, Division-IV (Narol), Ahmedabad, Gujarat. The order, dated March 26, 2026, pertains to Goods and Services Tax (GST) on outward supply for the financial year 2019-20.The penalty imposed amounts to Rs. 11.87 million. The company has indicated that the order is currently appealable, and an assessment will be made regarding exercising the right to appeal.
The company is evaluating the potential impact of the penalty on its financial and operational activities.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.