VST Tillers Tractors Ltd Reports Final GST Assessment Order Details
V.S.T. Tillers Tractors Limited has provided an update regarding a final assessment order received from the Goods and Services Tax Act, 2017. The Company stated that the assessment order is dated March 28, 2026, and the company became aware of this matter on April 2, 2026.The report clarifies that there is no material impact on the business operations other than the payment of a final demand amounting to ₹ 37.30 lakhs, as specified in the assessment order. The initial demand associated with this matter was ₹ 6,736.73 lakhs, which has been reduced to the final demand of ₹ 37.30 lakhs following the Company's submissions and representations.
The details of the financial impact are presented in the following table:
| Name of the authority | Details of fines, penalties, dues, etc. including amount | Due date of payment | Reasons for delay or default in payment | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible. |
|---|---|---|---|---|
| Assistant Commissioner GST, Tamil Nadu | The Company has received a final assessment order from the Assistant Commissioner (GST), Tamil Nadu, wherein the demand has been reduced to ₹ 37.30 lakhs from the initial demand of ₹ 6,736.73 lakhs, pursuant to our submissions and representations. | Not Applicable (Same will be adjusted against the appeal deposit) | Not Applicable | No impact, apart from the payment of a final demand of ₹ 37.30 lakhs as per the Final Assessment Order received. |
VSTTILLERS Stock Price Movement
Shares of V.S.T Tillers Tractors Limited today slipped by 0.97% to settle at ₹5012.5. The stock finished its trading session on a total volume of 6,931 shares.Source:
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