Hindustan Tin Works Ltd Receives Tax Order from Sonipat Authority for Assessment Year 2017-18
Hindustan Tin Works Limited has received an order from the Excise & Taxation Officer-cum-Assessing Authority in Sonipat regarding tax matters pertaining to the assessment year 2017-18.The company received the order on June 23, 2026. The action taken by the authority was based on Section 9(1)(C) of the Haryana Tax on Entry of Goods into Local Areas Act, 2008.
Details concerning the tax order are as follows:
| Aspect | Details |
|---|---|
| Authority | Excise & Taxation Officer-cum-Assessing Authority, (W-05) Sonipat |
| Date of Receipt | June 23, 2026 |
| Tax Assessed | Rs. 27,86,188/- |
| Interest Levied | Rs. 27,86,188/- |
Regarding the impact on the company's operations, Hindustan Tin Works Limited stated that there is no material impact on its operation or other activities. The company maintains that it reasonably expects a favourable outcome at the Appellate level and intends to challenge the order before the relevant Appellate Authority in due course of time.
Stock Price Movement
Hindustan Tin Works Ltd. settled at ₹107.40 today, registering a decline of 0.46% in the post-market trade. The shares moved within an intraday range established between 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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