Linc Limited announced demand order cum penalty notice for fiscal year 2018-19 from State Tax Officer Ranchi Special for Tax is INR 3,518, Penalty is INR 20,000 and Interest is INR 2,947. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: May 31, 2024; Details of the violation(s) /contravention(s) committed or alleged to be committed: Excess ITC claimed as compared to GSTR 2A. The Company is not expecting any material financial impact as the Company will take-up the matter at appropriate forum and expecting a favourable outcome.
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- Linc Limited Receives Demand Order Cum Penalty Notice for Fiscal Year 2018-19 from State Tax Officer Ranchi Special