Hindustan Tin Works Ltd Receives Assessment Order for Goods Entry Tax in Sonipat
Hindustan Tin Works Limited has received an order from the Excise and Taxation Officer-cum-Assessing Authority in Sonipat concerning the assessment of tax on entry of goods into local areas. The action pertains to the 2016-17 assessment year.The details related to the order issued by the authority are as follows:
| Aspect | Detail |
|---|---|
| Issuing Authority | Excise & Taxation Officer-cum-Assessing Authority, (W-05) Sonipat |
| Nature of Action | Order passed under Section 9(1)(C) of the Haryana Tax on Entry of Goods into Local Areas Act 2008 |
| Date of Receipt | June 23, 2026 |
The order communicated by the authority specifies the financial implications related to this assessment.
Assessment details for Hindustan Tin Works Limited:
| Assessment Component | Amount |
|---|---|
| Tax Assessed | Rs 45,87,878/- |
| Interest Levied | Rs 45,87,878/- |
| Total Amount | Rs 91,75,756/- |
Regarding the impact of this order on the company's operations, Hindustan Tin Works Limited stated that they reasonably expect a favourable outcome at the Appellate level. The company confirmed there is no material impact on its operation or other activities due to the issuance of the order. Management intends to challenge the said order before the relevant Appellate Authority within due course of time.
Stock Price Movement
Hindustan Tin Works Ltd. settled at ₹107.40 today, edging lower after falling 0.46%. The shares traded intraday within a range marked by a low of ₹107.05 and a high of ₹109.90.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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