Tarsons Letter
Tarsons Letter
Tarsons Letter
To, To,
BSE Limited (“BSE”), National Stock Exchange of India Limited (“NSE”),
Corporate Relationship Department, “Exchange Plaza”, 5th Floor,
2nd Floor, New Trading Ring, Plot No. C/1, G Block,
P.J. Towers, Dalal Street, Bandra-Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
BSE Scrip Code: 543399 NSE Symbol: TARSONS
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to
inform that the Company is in receipt of an order dated 30th April, 2024 (“Order”) from the Senior Joint Commissioner of Revenue of
Directorate of Commercial Tax under Section 73 of West Bengal Good and Services Tax Act, 2017 (“the Act”) details of which are
mentioned herein below:
1. Demand for GST & Cess amounting to ₹ 68,04,061 (Rupees Sixty-Eight Lakhs Four Thousand and Sixty-One) and interest at the
appropriate rate.
2. Imposition of Penalty of ₹ 6,80,476 (Rupees Six Lakhs Eighty Thousand Four Hundred and Seventy-Six).
The Order has been passed alleging excess claim of ITC by the Company during the period from April, 2018 to March, 2019. The Company
intends to file an appeal against the Order.
The financial impact of the Order is to the extent of the amount stated above. There is no material impact on operations or other
activities of the Company due to this Order.
The Company shall update the stock exchanges of material developments, if any, in the aforesaid matter.
Thanking you,
Yours faithfully,
For Tarsons Products Limited
Digitally signed
SANTOSH by SANTOSH
KUMAR KUMAR
AGARWAL
AGARWAL Date: 2024.04.30
19:25:01 +05'30'
Tarsons Products Limited, 902, Martin Burn Business Park, BP-3, Sector –V, Salt Lake, Kolkata – 700091
Tel: +91 33 3522 0300, Web: www.tarsons.com
Mail: info@tarsons.com, CIN: L51109WB1983PLC036510