NEOGEN2026-09-06NEOGEN2026-09-06ActionsTakenOrOrdersPassedDomain1NEOGEN2026-09-06ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1NEOGEN2026-09-06SignatoriesDomain1iso4217:INRxbrli:pureNEOGENNeogen Chemicals Limited542665NOTLISTEDINE136S01016NewAction(s) taken or orders passed (sub-para 20)false2026-09-0514:25:002026-09-06Imposition of fine or penaltyRegulatory AuthorityOn September 5, 2026, the Company has received the said Notice for Financial year 2022-23, levying consolidated tax demand of Rs. 6,97,08,028/- crore (comprising of applicable interest and penalty), pursuant to section 73 of CGST Act, 2017 and MGST Act, 2017 read with section 20 of IGST Act, 2017.1Listed Entity (Self)Neogen Chemicals LimitedOn September 5, 2026, the Company has received the said Notice for Financial year 2022-23, levying consolidated tax demand of Rs. 6,97,08,028/- crore (comprising of applicable interest and penalty), pursuant to section 73 of CGST Act, 2017 and MGST Act, 2017 read with section 20 of IGST Act, 2017.On September 5, 2026, the Company has received the said Notice for Financial year 2022-23, levying consolidated tax demand of Rs. 6,97,08,028/- crore (comprising of applicable interest and penalty), pursuant to section 73 of CGST Act, 2017 and MGST Act, 2017 read with section 20 of IGST Act, 2017.2026-09-05On September 5, 2026, the Company has received the said Notice for Financial year 2022-23, levying consolidated tax demand of Rs. 6,97,08,028/- crore (comprising of applicable interest and penalty), pursuant to section 73 of CGST Act, 2017 and MGST Act, 2017 read with section 20 of IGST Act, 2017. * Note: The principal tax amount 1,38,95,418/-paid vide DRC-03 dated 28/12/2022 is appropriated towards tax liability; Interest u/s 50(1) and penalty u/s 73 are demanded thereon.FY 2022-23The Company is evaluating the Notice and shall file a detailed reply with the adjudicating authority within the prescribed timelines. Further the Company shall take appropriate actions in due course of time as may be deemed fit and in the interest of the Company and shall pursue all legal remedies available to it. There is no material impact on financial, operational or other activities of the Company, except for the amount mentioned in the Notice.The Notice has been issued on the following grounds: 1. GSTR-1 vs. GSTR-3B tax mismatch (tax paid via DRC – 03 without interest; interest and penalty demanded) 2. Excess ITC on import of goods (GSTR-3B vs. GSTR-2B – no valid BOEs for FY 2022-23) 3. Excess ITC – GSTR-3B vs. GSTR-2A (unsubstantiated SEZ / Import claim)69708028On September 5, 2026, the Company has received the said Notice for Financial year 2022-23, levying consolidated tax demand of Rs. 6,97,08,028/- crore (comprising of applicable interest and penalty), pursuant to section 73 of CGST Act, 2017 and MGST Act, 2017 read with section 20 of IGST Act, 2017.NAThe Company is evaluating the Notice and shall file a detailed reply with the adjudicating authority within the prescribed timelines. Further the Company shall take appropriate actions in due course of time as may be deemed fit and in the interest of the Company and shall pursue all legal remedies available to it.NAUnnati KananiCompany Secretary and compliance officer2026-09-06kaylan