DIC INDIA LIMITED DIC India Limited announced that Govt. of Maharashtra, Department Of Goods & Service Tax has issued the show cause notice for tax not paid or short paid amounting to INR 8,425,238 (which includes Tax, penalty and interest for Fiscal Year 2019-20. Nature and details of the action(s): Scrutiny of return u/s 61 of MGST /CGST Act 2017 and u/r 99 of GST Rules.
Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority; June 01, 2024. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The Company has received a Show Cause Notice alleging a tax demand of INR 8,425,238. The Company is evaluating the same and will take appropriate steps to address it in due course.
