TVS Electronics Limited — Others, 18-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

TVS Electronics Limited is facing a GST dispute involving a demand of ₹77.79 lakh for the 2018-19 fiscal year, including ₹45.37 lakh as interest and penalty, related to alleged short payment of tax and excess Input Tax Credit claims. The company has appealed the demand order with the Special Commissioner of Revenue and is now preparing to escalate the matter to the Appellate Tribunal. This ongoing litigation could impact the company’s tax liabilities but is currently under contestation.