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Nuvoco Vistas Corporation LimitedOthers, 06-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

06-06-2025 | 06:19 pm

Nuvoco Vistas Corp. Ltd. has received a demand order from the Chhattisgarh Commercial Taxes department for Rs. 3.49 crore entry tax on the movement of limestone and other inputs within its factory at 10%, despite already paying 1% entry tax. The company plans to challenge the order in the High Court, arguing the demand is time-barred and inconsistent with accepted tax norms. Nuvoco does not anticipate any material financial impact from this matter.

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