Black Buck has informed that the Company has received two orders dated June 1, 2026 on June 17, 2026 from the Office of the Additional Commissioner of Commercial Taxes (Enforcement), South Zone, Karnataka under the provisions of the Karnataka Goods and Services Tax Act, 2017 (KGST Act) and the Central Goods and Services Tax Act, 2017 (CGST Act). The orders relate to certain procedural observations regarding issuance of tax invoices under Section 31 of the GST Acts read with Rule 46 of the CGST Rules. and submission of information/documents sought by the authorities under Section 70 of the Act and levy an aggregate penalty of ?1,00,000 (?50,000 under each order, comprising ?25,000 each under the Section 122(1)(i)/122(1)(xvii)/125 CGST Act and KGST Act). The details required to be furnished under Regulation 30 of Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 and SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2025/25 dated February 25, 2025 is annexed as Annexure I and Annexure II, respectively. Further, in terms of Industry Standards note on Regulation 30 of Listing Regulations issued vide SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025, the information and details provided in Annexure II, is in compliance with Regulation 30(13) of the Listing Regulations and is true, correct and complete to the best of the knowledge and belief. The above information will also be available on the website of the Company, www.blackbuck.com.
The above information is a part of company’s filings submitted to BSE.
