LMW Limited Receives Penalty Over Incorrect E-way Bill for Export Consignment
LMW Limited has received a notice from the Commercial Tax Officer in Hubballi, Karnataka, concerning an export consignment cleared with an incorrect E-way bill. The communication was received by the company on June 12, 2026.The notice pertains to consignment processed during June 2026. As per the details provided, the primary issue identified by the authority is that the export consignment was cleared using an incorrect E-way bill.
In response to this compliance matter, a penalty of Rs. 22,42,792/- has been imposed on LMW Limited.
The company confirmed that there is no material impact on its financials, operations, or other activities due to the stated order from the Commercial Tax Officer, Hubballi. The notice highlights the incorrect E-way bill as the specific aberration identified by the authority.
LMW Limited intends to address the matter by filing an appeal before the Deputy Commissioner of Commercial Tax in Hubballi, Karnataka.
LMW Stock Price Movement
LMW Limited shares gained today to close at ₹15759, rallying by 1.40%. The stock traded during the session in a range between a low of ₹15630 and a high of ₹15869.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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