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The latest announcement is out from Shivam Autotech Limited ( (IN:SHIVAMAUTO) ).
Shivam Autotech Limited has disclosed a Show Cause Notice received from the Excise & Taxation Department of Haryana. The notice pertains to a mismatch in Input Tax Credit and late filing of GSTR-3B for the financial year 2021-22, with a proposed tax liability, penalty, and interest totaling over Rs. 1.72 crore. The company believes the notice lacks merit and plans to address the issue through appropriate channels, asserting that there will be no impact on its financial or operational activities.
More about Shivam Autotech Limited
Average Trading Volume: 18,793
Technical Sentiment Signal: Sell
Current Market Cap: 4.17B INR
Learn more about SHIVAMAUTO stock on TipRanks’ Stock Analysis page.