01 July, 2024 CBD Belapur, Navi Mumbai

Bhavani Shipping Honored with Prestigious GST Compliance Award

Bhavani Shipping Services (I) Pvt. Ltd. is delighted to announce that it has been awarded a certificate of appreciation by the Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, Government of India. This esteemed recognition underscores the company’s unwavering commitment to financial integrity and its significant contribution to the national economy through diligent and timely GST compliance.

The CBIC's commendation is a testament to Bhavani Shipping's excellence in financial practices. The certificate acknowledges the company's prompt filing of GST returns and substantial payment of Goods and Services Tax (GST) in cash during the financial year 2023-24. Such exemplary compliance plays a crucial role in bolstering the nation's financial infrastructure and fostering economic resilience.

By ensuring timely GST payments, Bhavani Shipping not only meets legal requirements but also contributes to the development of a robust and self-reliant Indian economy.

In response to this recognition, the management of Bhavani Shipping expressed their gratitude and reaffirmed their commitment to upholding the highest standards of compliance and corporate governance. "This award reflects our team’s hard work and dedication to ensuring our financial practices are compliant and contribute positively to the nation’s growth. We believe that timely tax payments are a fundamental duty of every responsible corporate entity, and we are honored to be recognized for our efforts."

Bhavani Shipping Services (I) Pvt. Ltd. continues to set benchmarks in the shipping and logistics industry, not only through operational excellence but also by demonstrating exemplary corporate citizenship. This recognition by the CBIC marks a significant milestone in the company's journey towards contributing to a stronger and more resilient Indian economy.