Tax demand order from Maharashtra State Tax Authority for FY 2021-22

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TVSSCS · price

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Price reactionminutes from the announcement price · days from the prior close

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₹105.97

prior close

₹105.90

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.9%+0.9% vs market

Logistics Solution Provider peers, median of 42sector-0.8%+0.9% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 0.9 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

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15d

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+19.5-1.7+21.1-3.4+22.9

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 42Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Maharashtra State Tax Authority passed an order against TVS Supply Chain Solutions for FY 2021-22 over short payment of reverse charge liability and ineligible tax credit. Total demand is about 70.5 lakhs in tax, 60.6 lakhs in interest, and 7 lakhs in penalty. Company says the impact is not material and will appeal.

Likely market impact

Company calls impact not material. Total tax demand about 1.38 crores. Firm will appeal. Minor tax matter, unlikely to move stock.