MoneyWorks4Me

Mohit Industries receives Rs 8.5 crore as VAT refund

25 May 2017 Evaluate

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.



Mohit Industries Share Price

25.06 1.55 (6.59%)
27-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 192.25
Vardhman Textiles 594.75
Arvind 541.15
K.P.R. Mill 1116.25
Raymond Lifestyle 691.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: