Cochin Minerals Receives ₹120.26 Crore GST Show Cause Notice

Cochin Minerals and Rutile received a CGST/IGST/KGST Show-Cause Notice from the Kochi Audit Commissionerate disputing product HSN classification for FY2020-21 to FY2023-24, involving tax of Rs.120.26 crore. The company currently expects no financial or operational impact.