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Cera Sanitaryware Faces Tax Demand, Plans to Appeal

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Cera Sanitaryware Faces Tax Demand, Plans to Appeal

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Cera Sanitaryware Limited ( (IN:CERA) ) has provided an announcement.

Cera Sanitaryware Limited has disclosed a demand order issued by the Assistant Commissioner in Telangana, alleging the company short paid taxes and availed blocked input tax credits. Despite the order demanding a total of Rs. 63,10,946 in taxes and penalties, Cera Sanitaryware asserts there is no material impact on its financials or operations and plans to appeal the order.

More about Cera Sanitaryware Limited

Cera Sanitaryware Limited operates in the sanitaryware industry, focusing on the production and distribution of sanitaryware products. The company is known for its wide range of bathroom solutions and has a significant presence in the Indian market.

Average Trading Volume: 1,149

Technical Sentiment Signal: Sell

Current Market Cap: 78.86B INR

For detailed information about CERA stock, go to TipRanks’ Stock Analysis page.

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