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An update from DIC India Limited ( (IN:DICIND) ) is now available.
DIC India Limited has announced a significant reduction in a tax demand originally issued by the GST department of West Bengal. The initial demand of INR 5,54,65,222 was reduced to INR 4,67,740 following representations made before the Joint Commissioner. This reduction in tax liability is unlikely to impact the company’s financial or operational activities significantly, indicating a positive resolution of the dispute for DIC India Limited.
More about DIC India Limited
Average Trading Volume: 614
Technical Sentiment Signal: Sell
Current Market Cap: 4.64B INR
Learn more about DICIND stock on TipRanks’ Stock Analysis page.