ReferIndia News Deepak Fertilisers Receives ₹5.28 Crore Tax Penalty Order, Plans Legal Challenge

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Deepak Fertilisers Receives ₹5.28 Crore Tax Penalty Order, Plans Legal Challenge

Published on: Dec. 31, 2025, 3:45 p.m. | Source: scanx.trade

Deepak Fertilisers And Petrochemicals Corporation Limited disclosed receiving a ₹5.28 crore penalty order from Deputy Commissioner of State Tax for FY 2021-22, comprising tax demand, interest, and penalty components. The company denies any violation, citing disallowed input tax credits as the dispute basis, and plans to challenge the order legally while maintaining no material impact on business operations.

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