With reference to our letter dated July 9,2025, We wish to inform you that the Company has received an order of acceptance of reply against the notice issued under section 61 ( Form -GST ....
TIMEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Timex Group India informed the stock exchange that a GST notice issued to the company under Section 61 (Form GST AMT-12) has been closed by the Office of the Superintendent, Central Goods & Service Tax Range – Baddi II. The tax authority accepted the company's reply and dropped the proceedings, stating that no further action is required. The original notice was referenced from a letter dated July 9, 2025. The company has stated there is no financial, operational, or other impact from this matter.
This is a positive, non-material development for shareholders — a tax-related regulatory proceeding has been resolved in the company's favor with no financial liability or operational disruption, removing a minor overhang.