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Dixon Technologies Faces GST Penalty of INR 15,60,864 from Uttarakhand Authority; Company to File Appeal

May 9, 2026
Source: scanx.trade scanx.trade
News Snapshot:
Dixon Technologies (India) Limited has disclosed the imposition of a GST penalty of INR 15,60,864 by the Office of Assistant Commissioner (GST), Uttarakhand. The order, received on 8th May, 2026, was passed under Section 129(3) of the GST Act. The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed entities to inform stock exchanges of any fine or penalty imposed by a regulatory or statutory authority.Nature of the Violation The penalty was triggered by a discrepancy between the value of goods stated on the delivery challan and the...
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