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The latest update is out from Kokuyo Camlin Limited ( (IN:KOKUYOCMLN) ).
Kokuyo Camlin Limited has disclosed an order from the Office of the Superintendent of CGST & Central Excise, demanding Goods and Service Tax along with interest and penalties. The order, which disallows Input Tax Credit on RCM amounting to Rs. 39,024 and imposes a penalty of Rs. 20,000, is currently appealable and is not expected to have a material impact on the company’s financial or operational activities.
More about Kokuyo Camlin Limited
Kokuyo Camlin Limited operates in the stationery and office supplies industry, focusing on the production and distribution of a wide range of writing instruments, art materials, and office products. The company is known for its innovation and quality in the market, catering to both educational and professional sectors.
Average Trading Volume: 3,808
Technical Sentiment Signal: Sell
Current Market Cap: 9.66B INR
Learn more about KOKUYOCMLN stock on TipRanks’ Stock Analysis page.