Fusion Finance Limited (formerly Fusion Micro Finance Limited) has received an order dated December 20, 2025, from the Joint Commissioner Corporate Circle, Varanasi, Uttar Pradesh, for dropping the proceedings initiated under section 73 of the CGST Act, 2017. This order pertains to a Show Cause Notice received on September 26, 2025, concerning a mismatch in Input Tax Credit (ITC). The original Show Cause Notice had alleged a total demand of ₹2,84,36,461, comprising ₹1,56,16,579 as tax, ₹1,12,43,938 as interest, and ₹15,75,944 as penalty. However, with the proceedings now dropped, there is no financial impact on the company. This development follows up on a previous disclosure made on September 26, 2025, regarding the receipt of the Show Cause Notice. The company has been informed that the demand as per the Show Cause Notice has been dropped and concluded.