Hindustan Zinc Receives Order from CGST Udaipur
Hindustan Zinc received an order from CGST Udaipur confirming a penalty of ₹73.46 lakh related to CENVAT credit. The company will appeal and does not expect a material financial impact.
The company expects no material financial impact from the order, and intends to appeal.
The announcement reports a penalty order but mentions the company's intention to appeal and expectation of no material financial impact.
* Hindustan Zinc Limited received an order from the Office of the Commissioner, Central Goods & Service Tax - Udaipur. * The order confirms a penalty of ₹73,46,112 along with tax demand and applicable interest. * The issue pertains to the reversal of CENVAT credit availed on cement used as input in mines during the period July 2016 to June 2017. * The order, No 01/CE/UDR/2025-26, is dated 1 October 2025 and was received by the company on 4 October 2025 at 5:00 PM. * The company intends to file an appeal before the Appellate Authority and is hopeful of a favorable outcome, not expecting any material financial impact.
What to do with a filing like this
Hindustan Zinc Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Hindustan Zinc Limited. Read the original for the full detail.