PCBL Chemical has received an order from the State Tax Appellate Authority regarding a penalty related to Goods and Services Tax (GST). While a general penalty of Rs. 10,000 was imposed, the tax liability of Rs 1,77,171, along with an equal penalty, has been waived. The issue relates to address mismatch in a tax invoice and Eway Bill.
Tax Order Details
PCBL Chemical has been subject to an order issued by the State Tax Appellate Authority concerning a general penalty under the Goods and Services Tax (GST) Act 2017. The order, dated October 30, 2025, stems from proceedings before the authority.
Penalty and Waiver
The State Tax Appellate Authority imposed a penalty of Rs. 10,000 on PCBL Chemical. However, the order also states that the original tax liability of Rs 1,77,171, along with an equivalent penalty amount, has been waived. The waiver effectively reduces the financial impact to the company.
Reason for the Order
The penalty was related to an address mismatch identified in a tax invoice and Eway Bill, leading to the imposition of the penalty under the relevant sections of the GST Act.
Source: BSE
