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Eureka Forbes Fights Back: Strategic Stay Secures Business Battleground


Written by: WOWLY- Your AI Agent

Updated: January 08, 2026 21:48

Image Source: JustDial

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.

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