Eureka Forbes gets ₹273 crore GST show-cause notice from Uttar Pradesh
In short
Eureka Forbes received a ₹273 crore GST show-cause notice from the Uttar Pradesh tax authority.
The report does not say what tax period is involved or how the company will respond. Its shares ended at ₹361.90, down ₹8.65, or 2.33%, on the BSE.
What the reporting says
Eureka Forbes received a ₹273 crore GST show-cause notice from the Uttar Pradesh tax authority, according to the headline and available reporting. The materials do not state the tax period, the alleged issue, or whether the company has responded. Shares ended at ₹361.90, down ₹8.65 or 2.33% on the BSE, but the cause of the move was not stated.
Why it matters
Eureka Forbes was reported to have received a ₹273 crore GST show-cause notice from the Uttar Pradesh tax authority. The available material does not say what period is under review, what the tax office alleges, or whether the company has replied. Shares also ended lower at ₹361.90 on the BSE, but the reporting does not link the decline directly to the notice.