Acutaas Chemicals Ltd

Acutaas Chemicals Ltd

Acutaas Chemicals Ltd announced that the Central Goods & Service Tax & Central Excise (CGST & CE) Anti-evasion Department concluded its inspection/search at the company's registered office and manufacturing unit in Surat on June 23, 2026. The search was conducted under Section 67(2) of the CGST Act, 2017. The company provided all requested documents and clarifications, and importantly, no official document or order has been issued by the CGST department. Acutaas Chemicals asserts there is no material impact on its financials, operations, or other activities due to this inspection.

Acutaas Chemicals Ltd

Acutaas Chemicals Ltd disclosed that the Central Goods & Service Tax & Central Excise (CGST & CE), Anti-evasion Department, Surat, initiated inspection and search proceedings at its Sachin manufacturing facility and registered office on June 22, 2026. The action, conducted under Section 67(2) of the Central Goods and Services Tax Act, 2017, is currently ongoing. The company has stated it is extending full cooperation and that there is no material impact on its financials, business operations, or other activities at present. This event signifies a potential regulatory risk, with possible future implications.