Bombay Dyeing & Mfg Company Limited — Others, 09-05-2025: Action(s) taken or orders passed
09-05-2025 | 09:19 pm
09-05-2025 | 09:19 pm
The Bombay Dyeing has announced a board meeting to consider the financial results for the quarter and half-year. The company received a tax demand of Rs. 3.91 crore for FY 2017-18 related to VAT on freight charges reimbursed by customers, comprising Rs. 1.43 crore tax and Rs. 2.48 crore interest. Management stated this will not materially affect financial operations and intends to file an appeal within the prescribed period. This issue reflects a tax dispute but is unlikely to impact the company’s overall performance significantly.
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