Comments
Pidilite Industries Limited disclosed receiving three orders. These orders were issued by the Superintendent at Guwahati-B-10, Guwahati-B, and Guwahati Zone-B, Assam, imposing a cumulative penalty of ₹49,592.
The penalty pertains to the disallowance of Input Tax Credit (ITC) availed under the Transitional provisions of the Central Goods and Service Tax Act, 2017 for the fiscal year 2017-18.
The company expects a favourable outcome at the appellate level, based on the company’s assessment.
The shares were up by 0.44 per cent to Rs 2619 at 2.44 pm on the BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.