Chambal Fertilisers and Chemicals Limited announced penalty imposed on GST refund claimed under Inverted Duty Structure during the period July 2017 to February 2022, considered ineligible. The company had already deposited the disputed GST refund amount of INR 1,431,015,291 under protest on 30 May 2022 and 31 May 2022. Name of the authority: The Commissioner (Appeals), Central Excise & CGST, Jodhpur; Nature and details of the action(s) taken, initiated or order(s) passed: Order passed confirming penalty of INR 143,101,529 imposed under Section 73 and Section 122(2)(a) of the Central Goods and Services Tax Act, 2017, read with Rajasthan Goods and Services Tax Act, 2017.

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 27 April 2024.