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TVS Supply Chain Solutions Faces Tax Order from Madhya Pradesh Authority

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TVS Supply Chain Solutions Faces Tax Order from Madhya Pradesh Authority

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TVS Supply Chain Solutions Ltd. ( (IN:TVSSCS) ) just unveiled an update.

TVS Supply Chain Solutions Ltd. has disclosed an order from the Madhya Pradesh State Tax Authority regarding alleged short payment of outward liability and ineligible credit for the fiscal year 2018-19, amounting to a tax demand of ₹37,18,182, with additional interest and penalties. The company stated that this tax demand is not expected to materially impact its financials or operations and plans to file an appropriate response and appeal the order within the prescribed timelines.

More about TVS Supply Chain Solutions Ltd.

TVS Supply Chain Solutions Ltd. operates in the supply chain management industry, providing end-to-end supply chain solutions. The company focuses on delivering integrated logistics services, including warehousing, transportation, and inventory management, catering to various sectors globally.

Average Trading Volume: 46,332

Technical Sentiment Signal: Sell

Current Market Cap: 46.5B INR

See more data about TVSSCS stock on TipRanks’ Stock Analysis page.

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