
Tax & Penalty24 Jun 2026, 04:13 pm
Hindustan Tin Works ordered to pay ₹91.75 Lakhs in tax and interest
AI Summary
Hindustan Tin Works Ltd has received an order from the Excise & Taxation Officer-cum-Assessing Authority, Sonipat, for the assessment year 2016-17. The order pertains to entry of goods into local areas under Section 9(1)(C) of the Haryana Tax. The company has been assessed a tax of ₹45,87,878 and levied interest of ₹45,87,878, totaling ₹91,75,756. The company received this order on June 23, 2026. Hindustan Tin Works expects a favourable outcome at the appellate level and believes there will be no material impact on its operations. The company intends to challenge the order.
Key Highlights
- Received tax and interest order totaling ₹91.75 Lakhs.
- Order relates to assessment year 2016-17 for entry of goods.
- Company expects a favourable outcome at appellate level.
- No material impact on operations anticipated.
- Company plans to challenge the order.
Price Impact
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