Corporate Announcement
Security Code : 524394    Company : VIMTALABS    
 
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Vimta Labs Ltd has informed BSE that:

"This has reference to the Service tax disputes before CESTAT, Bangalore w.r.t. demands pertaining to the years 2005-06 to 2009-10 and 2010-11 (refer page 16 and 9 of Annual Report 2013-14 relating to Audit and Directors Report respectively. Copy of the relevant pages are enclosed for your ready reference).

In this connection we would like to bring to your attention that the CESTAT, Bangalore has allowed our appeal in our favour for the demand of Rs. 3,01,67,620/- relating to 2010-11 vide its Order No:21848/2014 dated 30.09.2014 received by us on 21.10.2014.

We further would like to inform you that the CESTAT has also allowed our appeal in our favour and pronounced the order in open court for the demand of Rs. 13,89,23,269/- relating to 2005-06 to 2009-10 during their final hearing held on 20.10.2014. We are waiting for copy of the Order."
 

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