Everest Kanto Cylinder has informed that the Company had received Order from the Office of The Commissioner of Customs (Import), Andheri, Mumbai for classification of imported raw material. Based on the merits of the matter, prevailing law and the advice of the counsel the Company will file an appeal against the said Order with Customs, Excise, Service Tax Tribunal (CESTAT). The required information as per Clause 20 of Para A of Part A of Schedule III is enclosed in the Annexure below. This intimation is also being made available on the website of the Company at www.everestkanto.com.
The above information is a part of company’s filings submitted to BSE.