single

The announcement was made after market hours yesterday, 7 February 2019.

Meanwhile, the S&P BSE Sensex was down 196.75 points or 0.53% at 36,774.34.

On the BSE, 73,000 shares were traded on the counter so far as against the average daily volumes of 1.38 lakh shares in the past two weeks. The stock had hit a high of Rs 147.60 and a low of Rs 143.35 so far during the day.

Sun Pharma Advanced Research Company (SPARC) said it is receipt of an 'Order' from the Office of the Commissioner of GST & Central Excise, Mumbai East Commissionerate, demanding the payment of Service Tax along with penalty aggregating to Rs 46.04 crore along with interest under section 75 of the Finance Act, 1994. The company would contest the demand and would be filing an appropriate appeal against the Order within the stipulated period.

Sun Pharma Advanced Research Company (SPARC) is a clinical stage bio-pharmaceutical company focused on continuously improving standards of care for patients globally, through innovation in therapeutics and delivery.

TAGS

0 thoughts on “SPARC drops after receiving demand order”

Post Comment



  MCX Commodity Tips

MCX Commodity Tips is very much favorable to all and can be traded at any time in the market to whoever can trade after their job working hours as MCX market starts at 10:00am to 11:30pm mostly can be done with little investment and our calls reaching more accuracy. MCX Commodity Tips is also called as SureShot Commodity Tips as we maintain above 80% accuracy.


View My Stats