DOMS Industries has made a payment under protest for a penalty levied by the State Tax Department in Kashmir related to the alleged transportation of taxable goods without proper documentation. The company has received a release order on October 29, 2025, following the penalty payment. DOMS is currently pursuing an appeal against the issued order.
Tax Case Update in Kashmir
DOMS Industries announced an update regarding a previously disclosed Show Cause Notice received on October 22, 2025, from the State Taxes Officer in Kashmir. The notice alleged the transportation of taxable goods without the required documents. Subsequently, an order was passed against the company.
Penalty Payment and Release
DOMS Industries has now paid the penalty under protest, associated with the impugned order. Following the payment, the company received a release order from the State Taxes Officer in Kashmir on October 29, 2025. The company is proceeding with an appeal against the original order.
Limited Financial Impact
While the penalty amount remains undisclosed in this announcement, DOMS Industries has stated that the resolution of this matter has no material impact on the company’s financial condition, operations, or other activities. However, the company is proceeding with an appeal.
Source: BSE
