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NIIT Limited Receives Nil Demand Order in GST Case

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NIIT Limited Receives Nil Demand Order in GST Case

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

NIIT Limited, a company listed on the National Stock Exchange of India and BSE Limited, has announced that it received an assessment order with nil demand concerning a previous GST Show Cause Notice (SCN) related to a mismatch in GST credit. The Assistant Commissioner of State Tax, Ward 203, Zone-11, Delhi, issued the order, dropping the proceedings under section 73 of the CGST Act, 2017. This resolution indicates that no further action is required from NIIT Limited, alleviating any potential financial or operational impact on the company.

More about NIIT Limited

Average Trading Volume: 18,653

Technical Sentiment Signal: Hold

Current Market Cap: 12.03B INR

See more insights into NIITLTD stock on TipRanks’ Stock Analysis page.

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