Speciality Restaurants Limited (SPECIALITY) — Announcement

· NSE Neutral
📢 Key Event
Tribunal sets aside 2018 order in favour of Speciality Restaurants
💡 Investor Takeaway
The tax demand of Rs.7.87 crore has been legally resolved in the company's favour, eliminating a potential financial burden.

Speciality Restaurants Limited announced that the Hon'ble Customs, Excise & Service Tax Appellate Tribunal set aside a 2018 order, allowing its appeal against a show cause-cum-demand notice for alleged CENVAT credit non-reversal of Rs.7.87 crore. The company confirmed the demand was overturned, removing a significant tax liability concern.

📄 View Original Announcement (PDF)

About Speciality Restaurants Limited (SPECIALITY)

Consumer Services · Leisure Services · Listed on NSE

Market Cap: ₹482.45 Cr P/E: 21.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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