- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Tasty Bite Eatables Ltd has received a Demand-cum-Show Cause Notice from the Joint Commissioner of the Central GST and the Deputy Commissioner of State Tax, related to the classification of goods. The notice cites demand amounts of ₹9.39 crore for the fiscal years 2020-21 to 2023-24 and ₹4.13 crore for FY 2020-21, including applicable interest and penalties. While the notice presents a significant financial claim, the company believes there will be no immediate detrimental impact on its overall financial performance, aside from the demands. Tasty Bite plans to respond to the notice and pursue necessary legal remedies promptly. Investors should watch closely as the situation develops, particularly regarding its potential implications for cash flow and operational stability.