NTPC has received demand orders from authorities of seven states for GST, interest, and penalty worth a total of Rs 100.80 crore. The GST demand orders have been issued from states of Delhi, Uttar Pradesh, Andhra Pradesh, Bihar, Chattisgarh, Maharastra and Gujarat.
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The company stated that it will file an appeal before the 1st appellate authority of the applicable jurisdiction against the said orders within the prescribed timelines. It also informed investors that the GST demand orders will not have a material impact on the financials, operations, or other activities of the company.
Source: moneycontrol
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