SSPL WEALTH PVT LTD

Wednesday 27 Nov, 2024 06:20 PM

Adani Group stocks surge after group issues clarification Surya Roshni jumps on bagging multiple order worth Rs 215-cr Shilpa Medicare JV gets USFDA approval for IMKELDI drug TARC gallops after Gurugram project clocks 50% opening sales Akzo Nobel gets Rs 44-cr show cause notice from GST Authority Tube Investments to acquire 67% stake in Kcaltech System for Rs 62 cr ZF Commercial Vehicle Control System India Ltd leads losers in 'A' group Ashoka Buildcon drops after NHAI cancels highway project worth Rs 1,400 cr 3P Land Holdings Ltd leads losers in 'B' group Volumes jump at ZF Commercial Vehicle Control System India Ltd counter Healthcare stocks slide Real Estate shares fall Ola Electric soars on unveiling affordable electric scooters RCF gains after ICRA reaffirmed LT rating at 'AA' with 'stable' outlook Tips Music Ltd soars 1.19%, up for third straight session

Saravan Stocks

Hot Pursuit

Scrips, which has significant changes during the market hours.

Akzo Nobel gets Rs 44-cr show cause notice from GST Authority

27-Nov-24 15:08 Hrs IST

'As part of the GST audit, a show cause notice u/s 73 of CGST ACT/Rules, 2017 has been received by the company mentioning disallowance of ITC and tax due for the period from April 2020 to March 2021, aggregating to Rs 44,48,65,290.

The total liability of Rs 44.48 crore includes tax of Rs 23.94 crore; interest of Rs 15.75 crore; and penalty of Rs 4.78 crore.

The paint manufacturer said that this notice is open for further submissions before the relevant authorities, and it is in the process of responding to the same within the stipulated time as mentioned therein.

Akzo Nobel India is a leading paints and coatings company and maker of Dulux Paints. The company's consolidated net profit rose 3.9% to Rs 97.90 crore on a 2.7% increase in net sales to Rs 982.30 crore in Q2 FY25 over Q2 FY24.

The scrip jumped 4.49% to Rs 3,767.85 on the BSE.

Powered by Capital Market - Live News

Attention Investors :

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.

Attention Investors :

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.

Attention Investors :

KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

Attention Investors :

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

Email ID: info@ssplwealth.com Customers grievances : grievances@ssplwealth.com Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com, Mobile No: 7305522205

Hit Count : 37134450

Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified)