ALPHA TRIBE

V-Guard Industries LimitedOthers, 28-01-2025: Action(s) taken or orders passed

28-01-2025 | 08:14 pm

V-Guard Industries Ltd. has received a demand order from the Deputy Commissioner, CGST & Central Excise in Bhopal related to the disallowance of input tax credits for FY 2020-21. The total demand amounts to ₹21.79 lakh, including tax and penalty, with applicable interest also payable but not quantified.

This order may impact the company's financials, reflecting potential cash outflows that could affect liquidity. Investors should consider the implications of this demand on V-Guard’s operational strategy and overall financial health, which could present a potential risk if not managed effectively.

No comments yet. Be the first to comment!

All announcements from V-Guard Industries Limited