Krishana Phoschem Limited has received an order dated December 22, 2025, from the Superintendent, CGST & Central Excise, imposing a penalty of ₹13,48,884 on the company. This penalty has been levied under Section 74 of the CGST Act, 2017, read with section 122(1)(vii) of the CGST Act, 2017, and applicable MPGST and IGST provisions. The penalty is reportedly for the wrongful availment of Input Tax Credit. The company stated that the financial impact is limited to the penalty amount and there is no impact on its operations or other activities. Krishana Phoschem Limited is contesting the GST plea and is in the process of filing an appeal against the order. The company received intimation of this order on December 22, 2025, via email at 12:52 PM.