Nureca Limited Completes Resolution of CGST Tax Matter for 2021-22
Nureca Limited has successfully concluded a matter related to its Goods and Services Tax (GST) obligations, having received the Final Order of Rectification from the concerned authority under Section 161 of the CGST Act, 2017. This resolution pertains to the tax period 2021-22.According to the final order, the outstanding matter was disposed of through a payment obligation involving the reversal of Input Tax Credit (ITC). The value involved in this ITC reversal amounted to Rs. 15,40,311/- (Rupees Fifteen Lakh Forty Thousand Three Hundred Eleven only).
The company confirmed that with the execution of the Final Order of Rectification, the matter stands concluded and disposed of, confirming there is no further demand pertaining to the CGST tax period in question.
NURECA Stock Price Movement
Shares of Nureca Limited are nudging upward in live trading, currently at ₹339.35 as of 11:55 AM today, having gained 0.21%. The stock maintains strong movement within its day's range of ₹332.55 to ₹347.95, with a volume of 10,690 shares traded so far.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.
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