Hindustan Tin Works receives tax order of Rs 91.76 lakh for AY 2016-17

Hindustan Tin Works has received an order from the Excise & Taxation Officer-cum-Assessing Authority, (W-05) Sonipat, demanding a total of Rs 91,75,756 for Assessment Year 2016-17. The order was received by the company on June 23, 2026, under Section 9(1)(C) of the Haryana Tax on Entry of Goods into Local Areas Act, 2008. The company stated that it reasonably expects a favourable outcome at the appellate level and intends to challenge the order before the relevant Appellate Authority.

Details of the Order

The tax authority assessed a tax amount of Rs 45,87,878 and levied an equivalent amount of interest, resulting in the total demand. The following table outlines the financial specifics of the order:

Component	Amount
Tax Assessed	Rs. 45,87,878
Interest Levied	Rs. 45,87,878
Total Demand	Rs. 91,75,756

Company Response and Impact

Hindustan Tin Works indicated that there is no material impact on its operations or other activities due to the issuance of this order. The company has decided to contest the demand, asserting its confidence in a positive resolution through the appeals process. The disclosure was made to BSE Limited in compliance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.96%	+2.14%	-0.05%	-8.31%	-29.67%	+12.32%

Hindustan Tin Works Limited has received an order from the Proper Officer (GST) cum ETO, Ward-5 (Sonipat), dropping proceedings initiated under Section 74 of the Haryana Goods and Services Tax (HGST) Act, 2017 for the financial year 2020-21. The order, dated June 5, 2026, was received by the company on the same day. This development resolves the potential liability arising from the show cause notice issued previously.

The company had previously received a show cause notice on May 19, 2026, from the Excise & Taxation Officer cum Proper Officer (State GST), Ward-05, Sonipat. The notice had alleged a demand of GST amounting to ₹2,09,16,858, along with interest and penalty totaling ₹6,47,23,062 for the period from April 2020 to March 2021.

Details of the Order

The following table outlines the key details of the regulatory communication and the subsequent order:

Detail	Description
Name of the authority	Proper Officer (GST) cum ETO, Ward - 5 (Sonipat)
Nature of action	Order passed against the Show Cause Notice (SCN) u/s 74 of HGST Act, 2017
Period under review	April 2020 to March 2021
Date of receipt of order	June 5, 2026
Original demand (SCN)	GST: ₹2,09,16,858; Interest and Penalty: ₹6,47,23,062

Impact Assessment

With the proceedings dropped by the authority, the company stated that there is no impact on its financial, operational, or other activities. The issuance of the dropping order effectively nullifies the monetary demands specified in the earlier show cause notice. The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.