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Golden Tobacco gets Rs 121.55 crore demand notice from central excise department

17 Dec 2015 Evaluate

Dalmia Group firm Golden Tobacco has been issued Rs 121.55 crore demand notice by the central excise department, which the company is contesting. In this regard, the company is taking appropriate legal action.

Golden Tobacco has cigarettes brands as - Panama, Taj Chhap Deluxe, Style Mini Kings, Chancellor, Platinum, Flair Kings and June Slim. It also sells cigars under the brand name of Just Black and Lips.

Peers
Company Name CMP
ITC 283.00
Godfrey Phillips Ind 1785.00
VST Industries 194.10
Indian Wood Products 34.20
NTC Industries 119.85
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