PCBL Chemical Limited Penalized ₹6,08,400 by Haryana Excise Authority Over GST Violation
PCBL Chemical Limited has been issued an order confirming a penalty of ₹6,08,400 concerning a Goods and Services Tax (GST) violation. The order was issued by the Office Of Assistant Excise And Taxation Officer in Sonipat, Haryana.The penalty relates to the detention of a vehicle during its movement. The company received the relevant notice or order on July 31, 2026.
The GST infraction stems from the alleged movement of goods using incomplete documentation. The authority issued the confirmation order in DRC-07 dated 31-07-2026 under section 129(3) of the GST Act, 2017.
A summary of the regulatory action is detailed below:
| Particulars | Details |
|---|---|
| Authority Name | Office Of Assistant Excise And Taxation Officer, Sonipat, Haryana |
| Order Date | July 31, 2026 (DRC-07) |
| Penalty Amount | ₹6,08,400/- |
| Statutory Basis | Section 129(3) of the GST Act, 2017 |
| Violation | Movement of goods with Incomplete documents |
Following the issuance of the order, PCBL Chemical Limited conducted an internal evaluation. As per the company's assessment, there is no material impact from this action on its financial, operational, or other activities.
PCBL Stock Price Movement
PCBL Chemical Limited shares slipped on Friday, dropping 3.23% to close at ₹317.9. The stock experienced significant volume during the session, with over 9.19 million shares traded.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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