Mohit Industries has received Rs 8.5 crore as VAT refund, in reference to case for Gujarat VAT demand before Gujarat Value Added Tax Tribunal that has been decided in the favour of the company. The Gujarat High Court ordered and directed to the VAT Department, Gujarat State for refund / pay input tax credit due to the company.
Mohit Industries is one of the top notch manufacturers of fabrics & texturised yarn in the nation. It has recently diversified into the construction materials industry in adherence to its long term vision and goals.
