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VST Industries Limited ( (IN:VSTIND) ) has provided an update.
VST Industries Limited has received an Order-in-Original from the Commissioner of Central Tax, Central Excise, and Service Tax, demanding Rs. 1,54,41,785/- due to irregular availment of Cenvat credit on input services. The company is evaluating its options, including filing an appeal, and has stated that the order does not materially impact its operations or other activities.
More about VST Industries Limited
VST Industries Limited operates in the tobacco industry, primarily focusing on the manufacturing and sale of cigarettes and other tobacco products. The company is based in Hyderabad, India, and is a significant player in the Indian market.
YTD Price Performance: -19.64%
Average Trading Volume: 41,374
Current Market Cap: 45.61B INR
For detailed information about VSTIND stock, go to TipRanks’ Stock Analysis page.
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