We would like to inform you that today; the Company has received the original copy of the Demand Order from…
As filed · We would like to inform you that today; the Company has received the original copy of the Demand Order from the Office of the Commissioner of Central Excise & CGST, Bhavnagar, in respect of the Financ
RegulatoryWatchNotablemateriality 62 out of 100
What happened
FactSaurashtra Cement Limited has received a Demand Order from the Office of the Commissioner of Central Excise & CGST, Bhavnagar, concerning the period from Financial Year 2018-19 to 2023-24. The company has provided the requisite information as per SEBI regulations, which is also available on its website.
Why it matters
CapitSignal interpretationA tax demand is a contingent claim on cash: it either becomes a payment, or an appeal that ties up management attention and often a deposit.
Watch next
Fact- Whether the company is appealing
- Amount deposited pending appeal
- Whether it is provided for in the accounts
Evidence
How CapitSignal classified this
- Reasoning:
- TAX_DEMAND base 62; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%