India’s Hindustan Zinc is dealing with a Goods and Services Tax (GST) notice from the Central Excise & CGST Commissionerate. The notice demands a payment of Rs 12.7 crore for GST, plus a 100% penalty and applicable interest for the period between July 2017 to March 2018. The company, however, anticipates no significant financial impact and plans to file an appeal, citing an “interpretational issue.” The board is set to meet on January 19 to announce financial results.