Faze Three Limited Corporate Offices Inspected by GST Officials
Faze Three Limited has informed the stock exchanges that an inspection/search was initiated at its corporate offices in Mumbai on December 24, 2025, by the Assistant Commissioner of State Tax, Maharas...
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Why is Faze Three Limited in the news today?
Faze Three Limited (FAZE3Q) is in the news due to the announcement details a gst inspection, which is a routine regulatory procedure. while it involves a government authority, the company has stated no operational impact and no expected material financial impact, keeping the sentiment neutral.
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Faze Three Limited Corporate Offices Inspected by GST Officials
December 25, 2025, 08:32 AM
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Faze Three Limited has informed the stock exchanges that an inspection/search was initiated at its corporate offices in Mumbai on December 24, 2025, by the Assistant Commissioner of State Tax, Maharashtra, under Section 67(2) of the Maharashtra Goods and Services Tax Act, 2017.
The GST officials were shown an authorization letter around 13:00 hours and proceeded to inspect and collect GST records, books of accounts, and other relevant information. The search concluded on the same day.
The company stated that the inspection proceedings have not impacted its regular operations. Based on its assessment, Faze Three Limited does not reasonably expect any material impact on the company from the outcome of these proceedings. The company emphasized its commitment to maintaining high standards of compliance with all applicable laws and regulations, including prompt tax payments, and will update the stock exchanges on any material developments.
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