Hind Tin Works

Hindustan Tin Works received an assessment order from the Excise & Taxation Officer-cum-Assessing Authority in Sonipat for the assessment year 2015-16 under the Haryana Tax on Entry of Goods Act. The order raised a tax demand of Rs 80.22 lakh along with an equal amount of interest, taking the total liability to Rs 1.60 crore. The company said it expects a favourable outcome at the appellate level and will challenge the order before the relevant authority, adding that there is no material impact on its operations.

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Hindustan Tin Works, a nano-cap packaging company, received an order from Haryana's GST department dropping proceedings for the financial year 2020-21, removing a potential liability of ₹6.47 crore that included tax, interest, and penalty. The order, dated June 5, follows a show cause notice served on May 19 for an alleged tax shortfall of ₹2.1 crore. The company said the proceedings have been dropped with no impact on its operations.

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May 19 (Reuters) - Hindustan Tin Works Ltd HTWK.BO:

• HINDUSTAN TIN WORKS LTD - RECEIVES SHOW CAUSE NOTICE; TOTAL DEMAND 64.7 MILLION RUPEES

Source text: ID:nBSE5WXyBt

Further company coverage: HTWK.BO

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March 7 (Reuters) - Hindustan Tin Works Ltd HTWK.BO:

• COMMENCES COMMERCIAL OPERATION AT NEW UNIT IN HARYANA

Source text: ID:nBSE7W9J5f

Further company coverage: HTWK.BO

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Aug 6 (Reuters) - Hindustan Tin Works Ltd HTWK.BO:

• GETS SHOW CAUSE NOTICE FOR TAX OF 37.4 MILLION RUPEES

Further company coverage: HTWK.BO

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