ALOK INDUSTRIES LTD. - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
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| 28 Jun 2024 | |
| The Company has received an order dated June 27, 2024 ("Order") from the Superitendent of CGST & Central Excise, Range - II, Division - VIII, Daman Commissionerate, levying on the Company a penalty of Rs.6,31,501/- under Section 74(9) and 74(1) of the Central Goods and Services Tax Act, 2017 read with Section 20 of the Integrated Goods and Services Tax Act, 2017 and Section 6 of the Union Territory Goods and Services Tax Act, 2017. The Order has been alleging wrong availment of input tax credits of GST by the Company for the period from April 2019 to March 2020. The Company intends to file an appeal against the Order. The financial impact of the Order is to the extent of the penalty levied. There is no impact on operations or other activities of the Company due to the Order. Intimation of the Order was received by the Company on June 27, 2024, via email, at 02:55 p.m. (IST). | |
| View all announcements for ALOK INDUSTRIES LTD. | Source: BSE India |
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