NSEGeneral Updates16 Jul 2026 · 16 Jul 2026, 04:10 pm

General Updates

Navneet Education Limited · NAVNETEDUL

✦ AI SummaryRegulatory

Navneet Education Limited has received an advisory from the Office of the Assistant Commissioner of State Taxes regarding verification of compliance with Section 17(2) of the Central Goods and Services Tax Act, 2017, relating to reversal of Input Tax Credit (ITC) attributable to exempt supplies.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Navneet Education Limited has informed the Exchange about General Updates

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Navneet26_16072026161020_Reg30DisclosureGSTAdvisoryFinal.pdf

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NEL/19/2025-26 Date: 16th July, 2026 The Secretary Corporate Relationship Department National Stock Exchange of India Ltd. Bombay Stock Exchange Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, 1st Floor, New Trading Ring, 'G' Block, Bandra-Kurla Complex, Rotunda Building, P. J. Towers, Bandra (East), Mumbai – 400051 Dalal Street, Fort, Mumbai – 400001. Ref: Symbol– NAVNETEDUL Ref: Scrip Code – 508989 Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to the provisions of Regulation 30 read with sub-para 20, Para A, Part A, Schedule III of the SEBI (Listing Obligations and Disclosure Requirements], Regulations 2015 (Listing Regulations), we hereby submit the disclosure regarding Company has received a advisory issued by the Office of the Assistant Commissioner of State Taxes. as detailed hereunder: Sr. No. Particulars Details 1 Name of the authority Office of the Assistant Commissioner of State Taxes, State Intelligence and Preventive Unit, Patiala at Shambhu, Punjab 2 Nature and details of the action(s) taken, The Company has received an advisory initiated or order(s) passed regarding verification of compliance with Section 17(2) of the Central Goods and Services Tax Act, 2017 read with Rules 42 and 43 of the CGST Rules, 2017 relating to reversal of Input Tax Credit (ITC) attributable to exempt supplies. The advisory calls upon the Company to furnish the prescribed reconciliation, invoice-wise ITC details and to reverse any ineligible ITC, if applicable, in accordance with the provisions of the GST law. 3 Date of receipt of direction or order, 15th July 2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ contravention(s) During verification of GST returns, the committed or alleged to be committed Department has observed that the Company has made exempt supplies and taxable supplies during FY 2025-26 and FY 2026-27 (up to May 2026) and has advised the Company to verify compliance with Section 17(2) of the CGST Act 2017 read with Rules 42 and 43 of the CGST Rules 2017 relating to reversal of ITC attributable to exempt supplies. 5 Impact on financial, operation or other There is no material impact on financial, no activities of the listed entity, quantifiable in impact on operation or other activities of the monetary terms to the extent possible Company due to the GST advisory mentioned a bove. The Company has received the aforesaid advisory on 15th July 2026 at 9.21 p.m. by email. You are requested to take note of the above. Thanking You, Yours Faithfully, FOR NAVNEET EDUCATION LIMITED AMIT D. BUCH COMPANY SECRETARY MEMBERSHIP NO. A15239