Integrated Filing-Governance



General information about company

Scrip Code 543237
NSE Symbol MAZDOCK
MSEI Symbol NOTLISTED
ISIN INE249Z01020
Name of the entity Mazagon Dock Shipbuilders Limited
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Reporting Quarter Quarterly
Date of Quarter Ending 31-Dec-2024
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity Company has not acquired any shares or voting rights in Unlisted Companies during the quarter ended 31.12.2024.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? No
Reason For Part D Of Annexure I Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity Being a Government Company, appointment of Directors is not in the control of the Company. Hence, the penalty notices issued by the Stock Exchanges towards Regulation 17(1) of SEBI (LODR) Regulations, 2015 has been waived off by the Designated Stock Exchange.
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 500 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID COMM00986
Reason For No SCORE ID
Type of Submission Original
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory As per the letter of appointment received from MoD, tenure of Ind. Dir is for 3 yrs from their date of appointment. Mr. Sanjeev Singhal, D(F), of the Company has been entrusted addl. charge of the post of CMD wef 01022023 extended for a period beyond 31 December 2024 till the further orders. Cdr. Vasudev Puranik, IN(Retd.), D(CP&P) of the Company has been entrusted addl. charge of the post of D(S&HE) wef 27052024 extended for a further period of 1 month wef 27122024 or till further orders or till appointment of new incumbent to the post whichever is the earliest. Mr. Rajeev Prakash was appointed as Govt. Director wef 10122024 in place of Mr. Amit Satija vide MoD letter dtd. 10122024. During the quarter, wef 01112024, MDL complied with Regulation 17(1) till the completion of tenure of the Ind. Dir on 23122024. Being a Govt. Company, power to appoint Directors is vested with the President of India acting through the MoD, Govt. of India and not in the control of the Company. Efforts are being made with our Administrative Ministry, Govt of India, MoD, DDP for early appointment of Ind. Dirs.
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. SANJEEV SINGHAL 07642358 Executive Director Chairperson MD 08-Feb-1965 No Active NA 08-Jan-2020 1 0 1 0
2 Mr. BIJU GEORGE 09343562 Executive Director Not Applicable 15-Feb-1969 No Active NA 27-Oct-2021 1 0 2 0
3 Mr. JASBIR SINGH 08556592 Executive Director Not Applicable 13-Apr-1967 No Active NA 01-Nov-2019 31-Oct-2024 1 0 0 0
4 Mr. VASUDEV RANGANATH PURANIK 09623387 Executive Director Not Applicable 13-Dec-1966 No Active NA 09-Jun-2022 1 0 0 0
5 Mr. AMIT SATIJA 08989543 Non-Executive - Nominee Director Not Applicable 07-Aug-1978 No Active NA 14-Aug-2024 10-Dec-2024 2 0 0 0
6 Mr. RAJEEV PRAKASH 08590061 Non-Executive - Nominee Director Not Applicable 21-Oct-1969 No Active NA 10-Dec-2024 2 0 0 0
7 Mr. MALLIKARJUNARAO BHYRISETTY 06557777 Non-Executive - Independent Director Not Applicable 01-Jul-1962 No Active NA 24-Dec-2021 24-Dec-2021 23-Dec-2024 35.29 1 1 1 1
8 Mrs. JAGJEET KAUR NEERU SINGH 09449410 Non-Executive - Independent Director Not Applicable 10-Feb-1971 No Active NA 27-Dec-2021 27-Dec-2021 26-Dec-2024 35.29 1 1 1 1
9 Mr. DATTAPRASAD PRABHAKAR KHOLKAR 10054086 Non-Executive - Independent Director Not Applicable 05-Nov-1961 No Active NA 23-Feb-2023 23-Feb-2023 22.08 1 1 2 0
10 Mr. CHANDU SAMBASIVA RAO 02296283 Non-Executive - Independent Director Not Applicable 01-May-1964 No Active NA 22-Feb-2024 22-Feb-2024 10.09 1 1 0 0



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06557777 MALLIKARJUNARAO BHYRISETTY Non-Executive - Independent Director Chairperson 28-Dec-2021 23-Dec-2024
2 10054086 DATTAPRASAD PRABHAKAR KHOLKAR Non-Executive - Independent Director Chairperson 10-Oct-2023
3 09343562 BIJU GEORGE Executive Director Member 29-May-2024
4 02296283 CHANDU SAMBASIVA RAO Non-Executive - Independent Director Member 24-Dec-2024



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 06557777 MALLIKARJUNARAO BHYRISETTY Non-Executive - Independent Director Chairperson 28-Dec-2021 23-Dec-2024
2 09449410 JAGJEET KAUR NEERU SINGH Non-Executive - Independent Director Member 28-Dec-2021 24-Dec-2024
3 10054086 DATTAPRASAD PRABHAKAR KHOLKAR Non-Executive - Independent Director Member 28-Feb-2023
4 02296283 CHANDU SAMBASIVA RAO Non-Executive - Independent Director Chairperson 24-Dec-2024
5 08590061 RAJEEV PRAKASH Non-Executive - Nominee Director Member 24-Dec-2024



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 09449410 JAGJEET KAUR NEERU SINGH Non-Executive - Independent Director Chairperson 28-Dec-2021 24-Dec-2024
2 10054086 DATTAPRASAD PRABHAKAR KHOLKAR Non-Executive - Independent Director Member 10-Oct-2023 24-Dec-2024
3 07642358 SANJEEV SINGHAL Executive Director Member 28-Jan-2020
4 09343562 BIJU GEORGE Executive Director Member 30-May-2022
5 02296283 CHANDU SAMBASIVA RAO Non-Executive - Independent Director Chairperson 24-Dec-2024



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 07642358 SANJEEV SINGHAL Executive Director Chairperson 12-Feb-2021
2 09449410 JAGJEET KAUR NEERU SINGH Non-Executive - Independent Director Member 28-Dec-2021 24-Dec-2024
3 09343562 BIJU GEORGE Executive Director Member 28-Dec-2021
4 09623387 VASUDEV RANGANATH PURANIK Executive Director Member 30-Jul-2022
5 99999999 B K SINHA General Manager Member 12-Feb-2024
6 10054086 DATTAPRASAD PRABHAKAR KHOLKAR Non-Executive - Independent Director Member 24-Dec-2024



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 23-Jul-2024 Yes 9 9 4
2 14-Aug-2024 21 Yes 9 8 4
3 22-Oct-2024 68 Yes 9 9 4
4 05-Nov-2024 13 Yes 8 7 4



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 13-Aug-2024 Yes 3 3 2 0
2 Audit Committee 05-Nov-2024 83 Yes 3 3 2 0
3 Audit Committee 29-Nov-2024 23 Yes 3 3 2 0
4 Nomination and remuneration committee 22-Jul-2024 Yes 3 3 3 0
5 Nomination and remuneration committee 13-Aug-2024 21 Yes 3 3 3 0
6 Nomination and remuneration committee 22-Oct-2024 69 Yes 3 3 3 0
7 Nomination and remuneration committee 05-Nov-2024 13 Yes 3 3 3 0
8 Risk Management Committee 09-Jul-2024 Yes 4 4 1 1
9 Risk Management Committee 19-Dec-2024 162 Yes 4 4 1 1



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 No
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here: During the quarter, wef 01112024, MDL complied with Regulation 17(1) till the completion of tenure of the Ind. Dir on 23122024. Being a Govt. Company, power to appoint Directors is vested with the President of India acting through the MoD, Govt. of India and not in the control of the Company. Efforts are being made with our Administrative Ministry, Govt of India, MoD, DDP for early appointment of Ind. Dirs.



Annexure 1
Sr Subject Compliance status
1 Name of signatory Madhavi Kulkarni
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter Yes
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter 7
Sr Date of the event Brief details of the event
1 26-Oct-2024 Suspicious email was received by user Madhavi Kulkarni mvkulkarni@mazdock.com and reported to CSO-MDL. The email gives details about some shipment, bill of lading information and also to visit their website or contact their customer service team for additional information. The sender was unknown to receiver. The Incident was registered & categorised as Spam Email -CERT. The Suspicious email-ID was blocked and has been deleted from the system. The above mentioned incident has been reported to CERT-In, CIRA & CSG-DDP.
2 18-Nov-2024 Suspicious Email was received by Sanjay Mishra, smishra@mazdock.com and reported to CSO-MDL. The email was with the ‘subject : Action Desk Info 18’ and does not have any attachment. The email has header as ‘Microsoft’ and is a notification that all inactive accounts are being deactivated. The mail has a tab ‘Verify Now’ for verification which points to a suspicious link. The sender is unknown to receiver. The Incident was registered & categorised as Spam Email -CERT. The Suspicious Email-ID was blocked and deleted from the system. The above mentioned incident has been reported to CERT-In, CIRA & CSG-DDP.
3 18-Nov-2024 Suspicious Email was received by Girish Kumar gkumar@mazdock.com and reported to CSO-MDL. The email was with the ‘subject : System Notice: Nov 18’ and does not have any attachment. The email has header as ‘Microsoft’ and is a notification that password is due for updation. The mail has a tab ‘Keep gkumar@mazdock.com access secure’ for verification which points to a suspicious link. The sender is unknown to receiver. The Incident was registered & categorised as Spam Email -CERT. The Suspicious Email-ID was blocked and deleted from the system. The above mentioned incident has been reported to CERT-In, CIRA & CSG-DDP.
4 18-Nov-2024 Suspicious Email was received by Girish Kumar gkumar@mazdock.com and reported to CSO-MDL. The email was with the ‘subject : Action Desk Info 18’ and does not have any attachment. The email has header as ‘Microsoft’ and is a notification that all inactive accounts are being deactivated. The mail has a tab ‘Verify Now’ for verification which points to a suspicious link. The sender is unknown to receiver. The Incident was registered & categorised as Spam Email -CERT. The Suspicious Email-ID was blocked and deleted from the system. The above mentioned incident has been reported to CERT-In, CIRA & CSG-DDP.
5 27-Nov-2024 Suspicious Email was received from Ashok Kumawat, akumawat@mazdock.com and reported to CSO-MDL. The email was with the ‘subject : Annual Leave and Vacation ‘ and does not have any attachment. The email has header as ‘Mazdock Q4 Leave Plan’ and asks the recipient to review their leave plan. The mail has a button ‘Review Leave Plan’ for verification which points to a suspicious link. The mail has signature ‘Mazdock HR Department’. The sender is unknown to receiver. The Incident was registered & categorised as Spam Email -CERT. The Suspicious Email-ID was blocked and deleted from the system. The above mentioned incident has been reported to CERT-In, CIRA & CSG-DDP.
6 29-Nov-2024 Suspicious Email was received from S. Sonawane, ssonawane@mazdock.com and reported to CSO-MDL. The email was in a foreign language and does not have any attachment. The user has complained that he has been receiving such mails a couple of times earlier also. The sender is unknown to receiver. The Incident was registered & categorised as Spam Email -CERT. The Suspicious Email-ID was blocked and deleted from the system. The above mentioned incident has been reported to CERT-In, CIRA & CSG-DDP.
7 11-Dec-2024 Suspicious Email was received by Sanjay Mishra, smishra@mazdock.com and reported to CSO-MDL. The email was with the ‘subject : Action: Desk info Dec 11 - Fwd: Reminders: Expiration- ID: Dec 11th, 2024’ and does not have any attachment. The email has header as ‘Microsoft 365’ and is a notification that the current access credentials to user’s email id is set to expire on 11 Dec 24. The mail has a tab ‘Confirm Here’ for keeping access which points to a suspicious link. The sender is unknown to receiver. The Incident was registered & categorised as Spam Email -CERT. The Suspicious Email-ID was blocked and deleted from the system. The above mentioned incident has been reported to CERT-In, CIRA & CSG-DDP.



Signatory Details
Name of signatory Madhavi Kulkarni
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 14-Feb-2025


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 3
No. of investor complaints disposed off during the Quarter 3
No. of investor complaints those remaining unresolved at the end of the Quarter 0


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Dy. Commissioner Sales Tax Unit-25 Business Audit Division-4, Mumbai 14-May-2013 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for years 2005-06 with Maharashtra Sales Tax Tribunal. The Matter is pending till date. The disputed tax amount is Rs. 416.41 Lakhs. Authority levied VAT on cost plus contract and leavied Penalty u/s 29(3) under MVAT Act
2 Dy. Commissioner Sales Tax Unit-25 Business Audit Division-4, Mumbai 24-Sep-2013 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for years 2006-07 with Maharashtra Sales Tax Tribunal. The Matter is pending till date. The disputed tax amountis Rs. 3873.94 Lakhs under MVAT Act. Authorities disallowed ITC U/R 53(6).
3 Dy. Commissioner Sales Tax Unit-25 Business Audit Division-4, Mumbai 07-Aug-2014 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for years 2007-08 with Maharashtra Sales Tax Tribunal. The Matter is pending till date. Total Disputed amount of Rs. 4107.11 lakhs under MVAT Act. Authorities disallowed ITC U/R 53(6).
4 Dy. Commissioner Sales Tax Unit-711 Business Audit Division-4, Mumbai 26-Jun-2013 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2008-09 with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amountis Rs. 1,173.45 Lakhs. Order is passed based on Disallwance of ITC U/R 53(6) of MVAT Act
5 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 29-Jul-2013 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for years 2009-10 with Maharashtra Sales Tax Tribunal The Matter is pending till date. The disputed tax amountis Rs. 92.88 Lakhs under MVAT Act. Authorities disallowed setoff and charged VAT on Cost plus contract.
6 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 07-May-2014 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2010-11 with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amountis Rs. 47.99 Lakhs. Disputed amount with regard to VAT on Cost plus contract and disallowance of Set-off.
7 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 22-Jul-2014 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2011-12 with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amountis Rs. 739.89 Lakhs. Disputed amount with regard to VAT on Cost plus contract and disallowance of Set-off.
8 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 13-May-2015 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2012-13 with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amount is Rs. 542.63 Lakhs. Demand arised due to disallowance of Set-off under MVAT.
9 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 17-Nov-2016 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2013-14 with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amountis Rs. 2678.57 Lakhs due to disallowances of ITC U/R 53(6).
10 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 31-Jul-2017 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2014-15 with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amountis Rs. 272.94 Lakhs. Disputed amount is towards ITC mismatch
11 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 19-Dec-2017 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2015-16 with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amountis Rs. 1190.90 Lakhs due to ITC mismatch.
12 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 23-Sep-2019 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2016-17 with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amountis Rs. 760.25 Lakhs towards ITC mismatch
13 Dy. Commissioner Sales Tax E-642, Business Audit Division-4, Mumbai 22-Jan-2020 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Appeal filed for year 2017-18 (Q1) with Joint Commissioner (Appeals), Sales Tax, Maharashtra. The Matter is pending till date. The disputed tax amountis Rs. 241.15 Lakhs due to ITC mismatch.
14 Assistant Commissioner of Sales Tax (Assessment)38 E-ward, Unit-I, Bombay 11-Dec-1984 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. There is a long pending tax issue with Maharashtra State Sales Tax Department related to Sales Tax on sale of ships under Cost plus contracts. MDL filed an appeal with Maharashtra Sales Tax Tribunal (MSTT) under the repealed Bombay Sales Tax Act. The tax demands aggregate to Rs.99,629.12 Lakhs approx., in respect of the years 1980-81 to 1981-82 and 1992-93 to 2004-05. The customer has reimbursed total Part Payment made by MDL towards demand. The Maharashtra Sales Tax Appellate Tribunal has granted a permanent stay on the recovery proceedings on 19 Jul 2010 till final disposal of the appeals.
15 Dy. Commisssioner of Commercial Taxes, Vanijya Therige Bhavan, Mangalore 575001 12-Nov-1992 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Matter disputed under Karnataka Sales Tax Act from years 1989-90 to 1996-97. Pending before Karnataka Sales Tax Appellate Tribunal. Total Disputed Amount of Rs. 316.40 lakhs. The Dy. Commissioner of Commercial Taxes Mangalore, had levied Taxes & Penalty Interest under CST Act for classifying the stock trasfer of offshore platforms as Inter state sales not covered under C Form
16 Assistant Commissioner of Service Tax, Mumbai 07-May-2008 The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Total amount under dispute is Rs. 69.21 Lakhs. Service tax case pertains to refund of resultant excess service tax paid due to Advance ruling on import of services for P75 Project. MDL has filed an appeal with CESTAT seeking refund of excess service tax paid. The case is yet to come for hearing.
17 Bombay High Court, MVAX/31/2018 by Additional Commissioner of Sales Tax 03-Nov-2018 The Appeal has been admitted by the Bombay High Court vide its order dated 21.02.2019. The Appeal is yet to be listed for hearing. The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Total Disputed amount of Rs. 7563 Lakhs. The subject appeal has been filed by the Commissioner of Sales Tax against the order dated 27.04.2018 passed by the Second Bench of Maharashtra Sales Tax Tribunal in favour of MDL in respect of tax issues pertaining to medium refit cum upgradation of INS Shalki & INS Shankul. MDL's contention in respect of medium refit-cum-upgradation contract of INS Shalki & Shankul is that it is a sale in the course of import and cannot be subjected to tax. In order to avoid payment of any interest and penalty MDL has paid tax under composition @ 8% amounting to Rs. 7563 Lakhs. The Financial claim / impact in the appeal would be Rs. 7563 Lakhs The Appeal has been admitted by the Bombay High Court vide its order dated 21.02.2019. The Appeal is yet to be listed for hearing.
18 Bombay High Court, CEXA/226/2008 by The Commissioner of Service tax 12-Nov-2008 MDL has filed Affidavit in Reply on 24.12.2024 and the matter yet to listed further.The said litigation is part of 78 number of tax proceedings under dispute declared in RHP of the company dtd 19.09.2020 under Risk Factors No.16. Total Disputed amount of Rs. 4713.08 Lakhs. Service Tax Authorities raised a demand in respect of repairs and maintenance services for ships/submarines rendered by MDL during 2001-2004 on the ground that these fall under the head “Port Services”. MDL filed an Appeal before Commissioner (Appeals) and thereafter before CESTAT. CESTAT vide order dtd.21.04.2008 set aside the demand made by Service Tax Authority. Service Tax Authority have filed this present Appeal before the Bombay High Court against the CESTAT’s order. MDL has filed Affidavit in Reply on 24.12.2024 and the matter yet to listed further.