Anyksciai, Lithuania, 2014-03-07 11:02 CET (GLOBE NEWSWIRE) -- Public limited liability company “ANYKŠČIŲ VYNAS” (hereinafter, the “Company”) hereby informs, that the Supreme Administrative Court of Lithuania by its decision dated 5 March 2014 dismissed the Company’s appeal re Vilnius District Administrative Court decision dated 11 June 2013 by which the decision of the State Tax Inspectorate was upheld, obliging the Company to pay to the state’s budget an amount of LTL 413,490 of unpaid VAT, LTL 82,120.36 of VAT interest and LTL 41,349 of VAT fine.
The Company had previously informed in its interim condensed financial statements for the periods ended 30 June, 30 September and 31 December of the year 2013, that on 30 June 2013 following conservative approach the Company has made a provision amounting to LTL 537 thousand for the possibly unpaid VAT. Therefore, this decision of the Supreme Administrative Court of Lithuania shall not have significant negative impact on the Company’s financial results of the current period.
Additional information is provided by director Audrius Zuzevičius, +370 381 50299.