Shree Renuka Sugars Ltd

⚠️ Shree Renuka Sugars Receives Two GST Penalty Orders Totaling ₹1.52 Crore

- Penalty Order 1: ₹10.53 lakh for alleged non-reversal of Input Tax Credit on damaged goods with insurance claims during FY 2018-2022.

- Penalty Order 2: ₹1.42 crore for alleged excess ITC claimed on blocked credit during FY 2018-2022.

- Both orders received on December 4, 2025.

- Company has filed appeals, citing strong merit and no material financial or operational impact.