Government Withdraws GST Demand Of Rs 202.8 Crore From Jagran Prakashan

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Jagran Prakashan, the publisher of the Hindi daily Dainik Jagran, has said the government has rescinded a goods and services tax demand of Rs 202.83 crore.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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