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Prism Johnson Secures Favorable Court Ruling on Sales Tax Dispute

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Prism Johnson Secures Favorable Court Ruling on Sales Tax Dispute

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Prism Johnson Limited ( (IN:PRSMJOHNSN) ) has issued an announcement.

Prism Johnson Limited has announced a favorable outcome in a legal dispute concerning the denial of issuance of Forms C for procuring High Speed Diesel at a concessional rate. The Madhya Pradesh High Court has ruled in favor of the company, directing the issuance of the forms and allowing for a refund or adjustment of the differential sales tax paid from July 2017 to March 2021. This decision is expected to have no adverse impact on the company’s financial, operational, or other activities.

More about Prism Johnson Limited

Average Trading Volume: 59,262

Technical Sentiment Signal: Sell

Current Market Cap: 69.97B INR

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

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