Elitecon International Legal & Regulatory
Elitecon International received a BSE communication regarding alleged LODR non-compliance fines totaling ₹2.38 lakh. The company has applied for a waiver and is awaiting the decision.
- Value
- ₹0.02 Cr
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Time
3 announcements
Elitecon International received a BSE communication regarding alleged LODR non-compliance fines totaling ₹2.38 lakh. The company has applied for a waiver and is awaiting the decision.
Elitecon International Limited received a Show Cause Notice from DGGI proposing demands totaling ₹442.29 Crore. This includes ₹221.89 Crore in taxes, ₹129.18 Crore in interest/penalties, and ₹91.22 Crore in refund recoveries. The company is currently reviewing the notice and intends to defend its position legally.
Elitecon International Limited received a Show Cause Notice from DGGI Lucknow proposing demands totaling ₹442.29 Crore. This includes tax, interest, penalties, and refund recoveries related to GST compliance and interpretation issues. The company is reviewing the notice to take appropriate legal measures, as no final liability has been determined yet.