National Fertilizers Ltd Receives ₹116.01 Crore SCN for Alleged Wrong GST Refunds

National Fertilizers Ltd (NFL) has received a Show Cause Notice (SCN) for alleged wrong GST refunds. This notice indicates that tax authorities suspect NFL has claimed or received excess refunds under the Goods and Services Tax regime, possibly due to errors in calculations, misinterpretation of rules, or ineligible claims. The SCN is a formal step requiring NFL to respond and justify its refund claims. This development highlights ongoing scrutiny by GST departments on large public sector undertakings (PSUs) and the critical importance of accurate compliance and robust documentation in claiming tax benefits, especially refunds.