Nesco Limited Receives GST Search Authorization; Operations Unaffected
Nesco Limited has received a letter dated 19 December 2025, authorizing an inspection and search under Section 67 of the Maharashtra Goods and Services Tax Act, 2017. The communication was received fr...
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Why is Nesco Limited in the news today?
Nesco Limited (NESCO) is in the news due to the announcement pertains to a routine gst search authorization. while searches can sometimes lead to negative outcomes, the company explicitly stated that operations are unaffected and no orders have been passed, indicating a neutral immediate impact.
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Nesco Limited Receives GST Search Authorization; Operations Unaffected
December 20, 2025, 09:55 AM
Nesco Limited has received a letter dated 19 December 2025, authorizing an inspection and search under Section 67 of the Maharashtra Goods and Services Tax Act, 2017. The communication was received from the Office of the Commissioner of State Tax, Maharashtra State, Mumbai (GST).
As per the company's intimation filed on 20 December 2025, the search operations are being conducted under the aforementioned section of the GST Act, and no orders have been passed thus far. The company has stated that no official document detailing any violations or contraventions has been issued. Nesco Limited anticipates no impact on its financial or operational activities, as business operations will remain unaffected and continue as usual during this routine search.
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