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Hindustan Zinc has announced a penalty of ₹39.54 crore imposed by the Commissioner of Central Goods and Service Tax, Udaipur, related to the availment of Input Tax Credit for FY 2020-21. The company plans to appeal this decision, expressing optimism for a favorable outcome. Management believes this order will not significantly impact the company's financials. Investors may view this as a neutral impact, with potential risks tied to the ongoing appeal process, but overall sentiment may remain stable as the company navigates this challenge.