Indian Hume Pipe Company Limited — Others, 24-05-2025: Action(s) initiated or orders passed
24-05-2025 | 03:25 pm
24-05-2025 | 03:25 pm
The Indian Hume Pipe Company Limited has announced full relief from a Rs. 14.13 lakh GST penalty related to a disputed TRANS-1 credit claim. The appeal order revokes the penalty and allows recovery of a Rs. 1.41 lakh pre-deposit, clearing the company’s pending liability. This outcome strengthens the company’s tax credit position, improves working capital, and enhances its compliance standing, benefiting stakeholders by removing uncertainty around this issue.
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