tiprankstipranks
Trending News
More News >

Kokuyo Camlin Faces GST Demand Order, Plans Appeal

Story Highlights

Kokuyo Camlin Limited ( (IN:KOKUYOCMLN) ) has provided an update.

Kokuyo Camlin Limited has disclosed a regulatory order from the GST & Central Excise department concerning a demand for unpaid Goods and Service Tax (GST), including interest and penalties, totaling over Rs. 85 lakh for the period between July 2017 and July 2022. Despite receiving this order, the company anticipates no material impact on its financials or operations and plans to file an appeal against the decision.

More about Kokuyo Camlin Limited

Kokuyo Camlin Limited is a company operating in the stationery industry, primarily known for its wide range of office supplies, art materials, and associated products. The company focuses on providing high-quality stationery products to various market segments, including educational institutions, offices, and individual consumers.

YTD Price Performance: -8.56%

Average Trading Volume: 5,668

Current Market Cap: 11.89B INR

See more data about KOKUYOCMLN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App