NSE/BSE Codes: BSE: 520043, NSE: MUNJALSHOW
Summary of Key Information:
Nature of Event / Disclosure:
Regulatory filing regarding receipt of Notice of Assessment under Section 9 of the Haryana Tax on Entry of Goods into Local Areas Act, 2008 for Assessment Years 2008-09 to 2014-15.
Involved Parties / Authorities:
- Opposing Party: Excise and Taxation Department, Gurugram
- Assessing Authority: Excise and Taxation Officer-cum-Assessing Authority, Ward-02, Gurugram (North), Gurugram, Haryana
Date / Timeline of Event:
- Date of Notice Receipt: Not explicitly stated (disclosed on September 24, 2026)
- Assessment Years Covered: 2008-09 to 2014-15
- Filing Date with Exchange: September 24, 2026
Brief Description of Outcome / Dispute:
The company has received Notice of Assessment aggregating proposed tax assessments of ₹3.27 Crore issued under the Haryana Tax on Entry of Goods into Local Areas Act, 2008.
Impact of Outcome:
Financial Impact:
- Total proposed tax assessment: ₹3.27 Crore
- Year-wise breakdown:
- AY 2008-09: ₹0.33 Crore
- AY 2009-10: ₹0.37 Crore
- AY 2010-11: ₹0.41 Crore
- AY 2011-12: ₹0.46 Crore
- AY 2012-13: ₹0.51 Crore
- AY 2013-14: ₹0.56 Crore
- AY 2014-15: ₹0.63 Crore
- The company believes the proposed tax assessments are not maintainable
- No material impact on financial position, operations, or other activities anticipated
Operational / Business / Strategic Impact:
No material operational, business, or strategic impact anticipated as per company assessment.
Other Implications:
No material reputational, legal, regulatory, or market perception effects disclosed.
Next Steps / Required Actions:
- The company is evaluating the legal remedies available to it
- No specific response deadlines or compliance measures mentioned in the disclosure