Sudarshan Chemical says a Maharashtra GST search has concluded

What happened

• A GST inspection and search began at some of Sudarshan Chemical's offices and manufacturing units in Maharashtra on 1 October 2026, under Section 67 of the Maharashtra Goods and Services Tax Act, 2017.
• The company said the proceeding concluded on 6 October and described it as having ended peacefully, with no disruption to regular operations.
• It said there is at present no material impact on its financials, business operations or other activities, and that it is submitting records to the tax authorities.
• No tax demand or penalty figure has been stated.
• The shares closed at ₹1,226.60 on Wednesday, down 0.97%.

Why it matters

Good to know: Section 67 lets GST officers inspect premises and records where they suspect tax has been evaded. A search on its own is not a finding, and no amount has been claimed here.

Key facts

Search began

1 October 2026

Concluded

6 October 2026

Provision

Section 67, Maharashtra GST Act

Demand or penalty

None stated

Read the source

• Sudarshan Chemical says Maharashtra GST search ends with no material impactTipRanks
• Sudarshan Chemical: Maharashtra GST search concludes peacefully with no material impactSahi
• Intimation under Regulation 30: GST search initiated, 1 October 2026NSE corporate announcements

Sudarshan Chemical Industries in the news before

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