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TVS Supply Chain Solutions Ltd. ( (IN:TVSSCS) ) has shared an announcement.
TVS Supply Chain Solutions Ltd. has received an order from the GST Department in Jamshedpur concerning alleged excess availing of GST credit amounting to INR 4,90,82,303 for the financial years 2018-19 to 2022-23. Despite the order and the penalty of INR 4,92,71,821, the company asserts that the claim is not maintainable and anticipates no material impact on its financial or operational activities. TVS plans to respond appropriately and seek legal or judicial remedies based on advice from tax consultants.
More about TVS Supply Chain Solutions Ltd.
TVS Supply Chain Solutions Ltd. operates in the supply chain management industry, providing logistics and supply chain solutions to various sectors. The company focuses on optimizing supply chain processes and enhancing operational efficiency for its clients.
Average Trading Volume: 67,485
Technical Sentiment Signal: Sell
Current Market Cap: 58.26B INR
See more data about TVSSCS stock on TipRanks’ Stock Analysis page.