Bombay Dyeing & Mfg Company Limited has informed the Exchange about Action(s) initiated or orders passed
BOMDYEING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bombay Dyeing has received an order from the Assistant Commissioner of State Tax, Mumbai, under Section 74 of GST law for the financial year 2019-20. The order relates to the tax treatment of infrastructure charges collected by the company on the sale of flats. The total demand raised is Rs. 2.54 crore, comprising GST of Rs. 80.24 lakh, interest of Rs. 93.23 lakh, and a penalty of Rs. 80.24 lakh. The order was received on March 27, 2026, and the company says this does not impact its operations or other activities beyond the financial amount mentioned. The company plans to file an appeal with the Appellate Authority within the permitted timeline.
The demand of Rs. 2.54 crore is relatively small for the company and limited to a one-time tax dispute, not directly hitting core operations. Shareholders should watch the appeal outcome, but near-term stock impact is likely minimal.