Government Withdraws GST Demand Of Rs 202.8 Crore From Jagran Prakashan
Jagran Prakashan, the publisher of the Hindi daily Dainik Jagran, has said the government has rescinded a goods and services tax demand of Rs 202.83 crore. The company said in a regulatory filing that it received an “order for dropping the proceedings” dated June 18, 2024, concerning the alleged GST demand of Rs 2,02,82,60,875, which includes a penalty of Rs 18,43,87,351.
A show cause notice was issued by the joint commissioner, state GST, Kanpur, to the company. One such notice alleging GST demand of Rs 13.50 crore (including a penalty of Rs 1.22 crore) is under pursuance and the company, based on legal advice, believes that it has a strong case on merit, the filing said.
Read more at: NDTV Profit
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