Pursuant to Regulation 30 of SEBI (LODR), 2015, intimation regarding Order issued by Proper Officer (GST) cum ETO, Ward - 5 (Sonipat).
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindustan Tin Works had received a GST Show Cause Notice on 19 May 2026 from the Excise & Taxation Officer, Ward-5, Sonepat, alleging a demand of Rs. 2.09 crore in tax along with interest and penalty totalling about Rs. 6.47 crore for the April 2020–March 2021 period under Section 74 of the Haryana GST Act. The company has now informed BSE that on 5 June 2026, the Proper Officer (GST) dropped the proceedings entirely. The company has confirmed that this favourable order has no adverse impact on its financial position, operations, or other activities.
Positive for shareholders — the potential Rs. 6.47 crore tax/penalty liability has been set aside, removing a near-term financial overhang on the company.