ceat ltd

CEAT tyres: Expect double-digit growth in replacement, international business despite rubber price hike: CEAT

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CEAT tyres: Expect double-digit growth in replacement, international business despite rubber price hike: CEAT

Tyre maker CEAT Ltd expects double-digit growth in replacement and international business this fiscal despite a high natural rubber price forcing it to hike product rates, according to its MD and CEO Arnab Banerjee. The company, which has taken price hikes of 2-2.5 per cent in the replacement segment since May, expects another round of … Read more

CEAT gets GST demand, penalties of over Rs 19 cr

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CEAT gets GST demand, penalties of over Rs 19 cr

New Delhi: Tyre maker CEAT Ltd on Wednesday said it has received GST demand and penalties totalling over Rs 19 crore from tax authorities in Maharashtra and Vadodara. The Additional Commissioner, CGST & Central Excise, Vadodara has issued an order for an interest of Rs 3.27 crore along with a penalty of Rs 13.68 crore … Read more