Tejas Networks Limited has received an order from the Commercial Tax Department, Government of Karnataka dated August 2, 2024 received by the Company on October 29, 2024. This order demands a total penalty amount of INR 2,273,976. Name of the Authority: Joint Commissioner of Commercial Taxes (Appeals) - 4, Bengaluru.
Nature and details of the action(s) taken, initiated or order(s) passed: Order issued pursuant to Sections 31, 35, 68 and 129 read with Rules 55, 55A, 56 and 138 of the KGST/CGST Act, 2017 and the Rules appended therewith. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: Order dated August 2, 2024 received by the Company on October 29, 2024.
Tejas Networks Limited is a wireline and wireless telecommunications (telecom) and data networking products company. The Company designs, develops and manufactures products for building high-speed communication networks that carry voice, data and video traffic from fixed line, mobile and broadband networks. It offers a range of solutions, which include radio access network, fiber broadband access, satcom solution, optical aggregation, switching and routing, direct to mobile broadcast solution, metro core and backbone, network management, and wireless core. Its products include TJ1400 Aggregation, TJ1400P Access Router, Tejas 4G/ 5G Base Band Unit, Navdoot, SAMRAT, Gyandoot, Lehar, TJ1280 MSPP, and TJ1600. The Company’s services include customer services, build services, managed services, consultancy services, and nurture services. It caters to Internet service providers, Web-scale Internet companies, telecom companies, utility and defense companies.
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Investor
Investor
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Global
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ESG MSCI
ESG MSCI
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