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Crisil Faces GST Penalty Demand, Plans Appeal

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Crisil Faces GST Penalty Demand, Plans Appeal

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An update from CRISIL Limited ( (IN:CRISIL) ) is now available.

Crisil Limited has received an assessment order from the Office of the State Tax Officer in Tamil Nadu, demanding a penalty of INR 7,94,81,488 for the financial year 2020-21 under the GST Act, 2017, concerning GST on Export of Services. The company has stated that this demand will not materially impact its financials or operations and plans to file an appeal against the order.

More about CRISIL Limited

Crisil Limited operates in the financial services industry, providing ratings, research, risk, and policy advisory services. It is a leading global analytics company with a focus on delivering high-quality insights and solutions to financial markets and institutions.

Average Trading Volume: 3,182

Technical Sentiment Signal: Strong Buy

Current Market Cap: 405.5B INR

For an in-depth examination of CRISIL stock, go to TipRanks’ Overview page.

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