V.S.T Tillers Tractors Limited has informed the Exchange about General Updates
VSTTILLERS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
V.S.T Tillers Tractors Limited has disclosed receiving a final assessment order from the Assistant Commissioner (GST), Tamil Nadu, regarding a GST demand for FY 2017-18 to FY 2019-20. The initial demand was ₹6,736.73 lakhs (approximately ₹67.37 crore), which has been reduced to ₹37.30 lakhs following the company's submissions and representations. The company states there is no impact other than the payment of ₹37.30 lakhs as per the final order dated March 28, 2026. The disclosure was made on April 2, 2026, citing the earlier intimation letter from August 14, 2023.
The final demand of ₹37.30 lakhs represents a significant reduction from the original demand and appears manageable for the company, with minimal financial impact on operations.