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Packaging
Tax & Penalty4 Jul 2026, 12:00 pm

Hindustan Tin Works Ltd Fined ₹1.6 Cr for Tax Violation

AI Summary

Hindustan Tin Works Ltd has received an order from the Excise & Taxation Officer-cum-Assessing Authority, Sonipat, for the assessment year 2015-16. The order levies a tax of ₹80,22,413 and interest of ₹80,22,413, totaling ₹1,60,44,826. The company received this order on July 3rd, 2026. Hindustan Tin Works Ltd plans to challenge the order at the appellate level and states there will be no material impact on its operations. The company expects a favourable outcome in the appeal.

Key Highlights

  • Company received tax order for assessment year 2015-16.
  • Total demand including tax and interest is ₹1,60,44,826.
  • Company plans to appeal the order.
  • No material impact on operations expected.