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Incorporated in 1967, Goa Carbon Ltd manufactures and sells Calcined Petroleum Coke
Goa Carbon received a tax order determining an additional refund of ₹1.20 Cr for Assessment Year 2010-11, relating to statutory interest after a legal challenge. The company is evaluating the order and interest calculation for potential further action.
Goa Carbon received an Income Tax rectification order, leading to a Rs. 0.62 Cr refund. An old tax dispute has been settled, and a related court petition withdrawn, positively impacting the company's financial position.
Goa Carbon has temporarily halted operations at its Paradeep Unit for scheduled maintenance work. This operational pause is part of routine upkeep.
Goa Carbon's Goa plant secured a favorable National Green Tribunal order, dismissing an environmental pollution case. This positive regulatory outcome removes a potential operational risk, with no financial impact on the company.
Goa Carbon Limited received an Income Tax order confirming a refund of Rs. 0.76 crore. This follows a High Court order that adjusted taxable profits for a previous assessment year.