Prism Johnson Limited has received an Order dated April 8, 2024 on April 23, 2024 from the Office of the Superintendent of Central Goods & Service Tax & Central Excise, Chennai inter alia, levying a penalty of INR 2,55,235/- under Section 73 of the Central Goods and Service Tax Act, 2017 for availing excess input tax credit for the year 2018-19. The Company intends to file an appeal against the aforesaid order.