Announced Fri, 17 Jul · 17:06 IST
West Bengal GST investigation closed, no tax liability on Indong Tea
Regulatory & Legal View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.1%1-day move
₹8.25
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+9.1+5.1+9.7+15.3+19.3—————
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AI summary
West Bengal GST authorities have issued a report closing the inspection at Indong Tea's registered office. Two issues were flagged — exempt supply of goods such as rice, jute and lentils, and leasing of JCB and tractor for agricultural work in tea gardens. Both were reconciled during personal hearings held between January and February 2026. The company confirms there is no material impact on its finances or operations.
Likely market impact
Positive for shareholders — investigation closed in the company's favour with no tax demand or financial hit.