ScoutQuest29 Sep 2026
HP Cotton Textile Mills502873Legal settlement news

Settlement Application shared Under Haryana One Time Settlement Scheme for Entry Tax Dues

The company applied on Sept 28, 2026 for settlement of Entry Tax assessment proceedings for FY 2015-16, 2016-17 and 2017-18 before the Assessing Authority, Ward-6, Hisar.

Original Tax Demand
₹21.20 lakhs
Amount Paid Under Settlement Scheme
₹7.29 lakhs
Assessment Years Covered
FY 2015-16, 2016-17 and 2017-18
Application Date
September 28, 2026
Tax Type
Entry Tax under Haryana Tax on Entry of Goods in Local Areas Act, 2008

What happened

The company informed the exchange that on September 28, 2026 it submitted an application for settlement of Entry Tax assessment proceedings for the financial years 2015-16, 2016-17 and 2017-18 with the Excise and Taxation Officer-cum-Assessing Authority, Ward-6, Hisar.

The tax matter

Status

The Settlement Order is awaited from the Authority.

What it means for investors

This is a disclosure of an old indirect-tax dispute being resolved through a state amnesty-type scheme. The amounts involved are small in absolute terms. The company has stated there is no other material impact of the matter on its financial or operational activities.

More numbers
  • Aggregate original Entry Tax demand₹21.20 lakhs
  • Amount paid towards settlement₹7.29 lakhs
Source: BSE · 29 Sep 2026

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