NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company1d ago · 29 Aug 2026, 09:22 am
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Godavari Biorefineries Limited · GODAVARIB
✦ AI Summary▼ NegativeRegulatory
Godavari Biorefineries Limited has received a show-cause notice from the Office of the Commercial Tax Officer (Enforcement) regarding short payment/non-payment/availed ineligible input tax credit for the tax period 2022-23, with a total GST demand of approximately Rs. 10,57,05,586, including applicable interest and penalty.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment4/10
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Full Announcement
Godavari Biorefineries Limited has informed the Exchange about received show cause notice
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GODAVARIBIO_29082026092212_Intimation_to_SE.pdf
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Dated: August 29, 2026
The Manager The Manager
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Tower,
Bandra Kurla Complex, Bandra (E), Dalal Street
Mumbai – 400 051 Mumbai-400001
Script Symbol: GODAVARIB Script Code:544279
Dear Sir / Madam,
Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-
Demand Notice
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, read with Para B of Part A of Schedule III, this is to inform you that the Company has received a show-
cause notice from the O(cid:431)ice of the Commercial Tax O(cid:431)icer (Enforcement) , DGSTO, Jamkhandi, Karnataka
regarding short payment/ non-payment/ availed ineligible input tax credit for the tax period 2022-23
The requisite disclosure, pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI
Listing Regulations, 2015, is enclosed herewith as “Annexure A”.
The Company is in the process of examining the notice and shall take appropriate legal steps, including
filing replies/appeals, as may be advised
This is for your information and record.
For Godavari Biorefineries Limited
Manoj Jain
Company Secretary & Compliance O(cid:431)icer
Membership No. F-7998
ANNEXURE
Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with Para B of Part A of Schedule III
SN Particulars Details
1 Date of receipt of communication Received on 28th August, 2026 at 5.43 PM through
from the Authority email.
2 Brief details of litigation viz. name(s) The Office of the Commercial Tax Officer
of the opposing party, court/ (Enforcement), DGSTO, Jamkhandi, Karnataka,
tribunal/agency where litigation is issued a Show Cause Notice regarding short
filed, brief details of payment/ non-payment/ availed ineligible input
dispute/litigation tax credit for the tax period 2022-23
The Notice was issued under sub-section (1) of
Section 73 of the CGST/KGST Act, 2017 r/w
rule142(1)(a) of the CGST/KGST Rules, 2017 for
recovery of tax paid/short paid on account of
excess/ ineligible input tax credit availed and
utilised for tax period 2022-23 of Rs. 18,12,85,079
including applicable interest and penalty.
3 Expected financial implications, if The Company is evaluating the material impact on
any, due to compensation, penalty, the financial, operational, or other activities.
etc.
The Company is in the process of examining the
notice and shall take appropriate legal steps,
including filing reply /appeal as may be advised.
4 Quantum of Claims, if any. Total GST Demand is approx. Rs. 10, 57, 05,586
(IGST Rs. 5,13,15,761 and CGST Rs. 2,68,70,524,
SGST Rs. 2,68,70,524 and CESS Rs. 6,48,777)
together with applicable interest of Rs.
6,50,08,935 under section 50 of the of the Act and
penalty amount of Rs. 1,05,70,559.
For Godavari Biorefineries Limited
Manoj Jain
Company Secretary & Compliance O(cid:431)icer
Membership No. F-7998