CLEAN SCIENCE AND TECHNOLOGY: GST PROCEEDINGS CONCLUDED

• Search and seizure proceedings by the Maharashtra Goods and Services Tax Department at the company's premises have concluded on September 29, 2026. • The Department determined a GST liability of ₹9.9 crore under Reverse Charge Mechanism (RCM), eligible for input tax credit. • Additionally, interest and non-creditable tax liabilities amounting to ₹2.0 crore were determined. • The company has decided to discharge and settle this outstanding liability of ₹2.0 crore, which represents the net financial impact. • These proceedings did not cause any disruption to the company's business operations, with the financial impact being negligible. • The company remains committed to compliance and will continue to cooperate with authorities. • Impact: Net financial impact of ₹2.0 crore settled.

Clean Science and Technology Ltd

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