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Dish TV India Limited ( (IN:DISHTV) ) has provided an announcement.
Dish TV India Limited has announced that the Commissioner of Central GST and Central Excise, Aurangabad, has filed an appeal with the High Court of Bombay against a favorable ruling for the company by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) regarding CENVAT Credit on Smart Cards. This litigation, which involves a disputed amount of approximately Rs. 42.19 crore plus penalties and interest, could have significant financial implications for the company, potentially impacting its financial stability and stakeholder confidence.
More about Dish TV India Limited
Dish TV India Limited operates in the broadcasting and cable TV industry, providing direct-to-home (DTH) television services. The company is a prominent player in the Indian market, offering a range of channels and services to its subscribers.
Average Trading Volume: 588,063
Technical Sentiment Signal: Sell
Current Market Cap: 9.08B INR
For detailed information about DISHTV stock, go to TipRanks’ Stock Analysis page.