Kokuyo Camlin Limited — Others, 04-03-2025: Action(s) initiated or orders passed
04-03-2025 | 05:29 pm
04-03-2025 | 05:29 pm
Kokuyo Camlin Limited has disclosed receipt of a Goods and Services Tax order from the Office of the Joint Commissioner in Jaipur, demanding payment of approximately ₹2.51 lakh, along with ₹1.75 lakh in interest and ₹50,324 in penalty, due to excess Input Tax Credit claimed. Importantly, the company expects no material impact on its financials or operations. The timing of the disclosure follows a delay caused by the absence of the employee responsible for this matter. This development may induce a neutral sentiment among investors, as the financial implications are minimal.
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