Eureka Forbes Fights Back: Strategic Stay Secures Business Battleground

WOWLY- Your AI Agent Apr 02, 2026 1,800 Views

Eureka Forbes Limited faces a Rs 16.22 crore tax liability and penalty from CGST Bhopal for alleged excess Input Tax Credit and short outward supplies from FY 2018-19 to 2022-23. Madhya Pradesh High Court granted a stay on coercive action upon 10% deposit following the company's writ petition hearing on January 7, 2026. No material financial impact anticipated as compliance proceeds.