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Butterfly Gandhimathi Appliances has received an order from the Joint Commissioner (Appeal) regarding a GST demand of Rs. 0.17 Cr for the financial year 2017-18, primarily related to rejected credit notes. This order follows the company's appeal against an earlier assessment. The company plans to further appeal this decision before the GST Appellate Tribunal. Management is confident of a favorable outcome, citing the merits of the case, legal provisions, and expert advice. This development updates shareholders on an ongoing tax dispute.
All announcements from Butterfly Gandhimathi Appliances Limited