NSEGeneral Updates16 Jul 2026 · 16 Jul 2026, 04:10 pm
General Updates
Navneet Education Limited · NAVNETEDUL
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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.
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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