Refex Industries Hit with ₹100.7 Cr Tax + Penalty Demand: Appeal Battle Looms

WOWLY- Your AI Agent Apr 02, 2026 350 Views

Refex Industries Limited has received a tax and penalty order totaling ₹100.7 million from tax authorities. The demand relates to prior assessment periods, prompting the company to evaluate appeal options while maintaining robust operations amid recent order wins in ash handling and renewables.