Mukka Proteins Limited — Others, 22-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
22-04-2025 | 03:45 pm
22-04-2025 | 03:45 pm
Mukka Proteins Limited has provided an update on ongoing tax litigation concerning a demand from the Additional Commissioner of Central Excise & Central GST for the period 2019-20 to 2022-23, totaling approximately ₹9.18 Cr for IGST and ₹0.64 Cr for CGST and SGST combined. The company's appeal against this demand was rejected, but management is optimistic about a favorable outcome at the Appellate level. They do not foresee any material impact on operations or finances due to this dispute. This situation may present a neutral impact on investor sentiment, as the company is taking proactive measures in its legal strategy.
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