Voltas informs about disclosure

31 Aug 2024 Evaluate

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations, Voltas has informed that the Company has received on 30th August, 2024, an Order dated 26th August, 2024 from the Office of the Assistant Commissioner, Central GST & Central Excise, Division-II, Guwahati, demanding tax of Rs 0.33 crore and penalty of Rs. 0.03 crore under Section 73 of Central Goods and Services Tax Act, 2017 for the financial year 2019-20 for disallowance of input tax credit availed by the Company. The Company is in the process of filing an appeal against the said Order. There is no material impact on the financials, operations or other activities of the Company due to this penalty. The information as required under Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/ 123 dated 13th July, 2023 is enclosed in the Annexure.

The above information is a part of company’s filings submitted to BSE.

Voltas Share Price

1683.90 -55.55 (-3.19%)
20-Dec-2024 16:59 View Price Chart
Peers
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Voltas 1683.90
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