GST Proceedings Dropped Against Hindustan Tin Works Ltd. by Sonipat Authority
Hindustan Tin Works Limited has confirmed that proceedings initiated against the company by the Proper Officer (GST) cum ETO, Ward - 5 in Sonipat have been dropped. The decision was formalized through an order dated June 5, 2026.The ruling resolved a matter concerning a Show Cause Notice (SCN) issued under section 74 of the HGST Act, 2017, covering the financial period from April 2020 to March 2021. The company had previously received an SCN from the Excise & Taxation Officer cum Proper Officer (State GST), Ward - 05, Sonepat regarding this matter.
The details related to the initial violation and corresponding amounts are presented below:
| Authority | Proper Officer (GST) cum ETO, Ward - 5 (Sonipat) |
|---|---|
| Nature of Action | Order passed against the Show Cause Notice (SCN) u/s 74 of HGST Act, 2017 for April 2020 to March 2021. |
| Date of Order Receipt by Company | June 5, 2026 |
| Alleged Violation Details | The company had received the SCN on May 19, 2026. |
The original assessment related to the violation specified a GST amount totaling Rs. 2,09,16,858/-, along with interest and penalty amounting to Rs. 6,47,23,062/-.
Hindustan Tin Works Limited stated that as the proceedings were dropped by the Proper Officer (GST) cum ETO, Ward - 5 in its order dated June 5, 2026, there is no impact on the company's operations or other activities.
Stock Price Movement
The shares of Hindustan Tin Works Ltd. settled on Friday at ₹107.10, edging higher by 0.61%. The stock spent the session finding a trading range between its low of ₹105.25 and a high of ₹108.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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