Shri Dinesh Mills Limited announced that the Company has received the Order dated 13 June 2024 from the Office of the State Tax Officer, Vadodara, Gujarat u/s. 73 of CGST/SGST/IGST Act, 2017 read with Rules made thereunder demanding INR 34,187,474 which includes the CGST, SGST, Interest and penalty on sale of Leasehold Industrial Plot situated at Makarpura G. I. D. C., Vadodara and the Company will file the Appeal before the Commissioner (Appeal) within the time limit given in the above referred Order. Expected financial implication, if any, due to compensation, penalty etc. is INR 34,187,474.
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