Styrenix receives GST order for ₹23.7 Lakhs plus interest and penalty
Styrenix Performance Materials Limited has disclosed an order passed by the Assistant Commissioner, Central Goods & Service Tax, Division IV (Chakan), Pune - I Commissionerate. The order, received on...
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Why is Styrenix Performance Materials Limited in the news today?
Styrenix Performance Materials Limited (STYRENIX) is in the news due to the company has received an order with a financial demand, but it has also stated that the impact is not material and the order is appealable. this balances the negative aspect of the demand with a neutral outlook on its consequences.
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Styrenix receives GST order for ₹23.7 Lakhs plus interest and penalty
December 30, 2025, 12:38 PM
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More Details on This News
Styrenix Performance Materials Limited has disclosed an order passed by the Assistant Commissioner, Central Goods & Service Tax, Division IV (Chakan), Pune - I Commissionerate.
The order, received on December 30, 2025, pertains to the Financial Year 2018-19. It involves a demand of ₹23,69,378 (23.7 Lakhs) plus applicable interest and penalty.
This demand arises from a discrepancy identified between E Way Bill records and GSTR1 filings. The company has stated that there is no material impact on its financial, operational, or other activities. The order is appealable, and Styrenix Performance Materials Limited will assess its right to appeal.
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