The Great Eastern Shipping Company Limited has received a Demand order from Assistant Commissioner, CGST and CX Division VIII, Mumbai Central. Nature and details of the action(s) taken, initiated or order(s) passed: Order, inter alia, imposing a total penalty of INR 1,010,397 under section 73(1) read with Section 122(2)(a) of CGST Act, 2017. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: August 28, 2024.

Details of the violation(s)/contravention(s) committed or alleged to be committed: Penalty levied for alleged wrongful availment of Input Tax Credit for the year 2019-20.