Hindustan Tin Works Limited shares may remain in focus after the company informed that the Excise & Taxation Officer, Sonipat, has dropped GST proceedings initiated for FY 2019–20. The order was received by the company on October 29, 2025.
In its exchange filing, the packaging and metal container manufacturer stated that it had earlier received a show-cause notice (SCN) on September 29, 2025, under Section 74 of the HGST Act for a demand of Rs 30.21 lakh along with interest and penalty totalling Rs 95.22 lakh. Following the hearing, the authority has dropped the proceedings, meaning no financial or operational impact will arise from the case.
The company confirmed that the order pertains to the April 2019 to March 2020 period and noted that business operations will continue without disruption as the matter has been resolved in its favour.
Hindustan Tin Works manufactures metal packaging solutions, catering to food, beverage, paint, and other industrial sectors. The disposal of the GST case removes uncertainty regarding compliance-related liabilities.
Disclaimer: This update is for information purposes only and does not constitute financial or investment advice.
