FirstCry shares tumble over 4% after GST department initiates investigation
Brainbees Solution-operated FirstCry Company informed that the GST department of Mumbai has initiated an investigation at the company’s head office and a warehouse in Pune.
Tag: FirstCry
Brainbees Solutions receives GST demand notice for excess ITC claim and tax shortfall for FY 2020-21
Brainbees Solutions Limited has received a notice [Form GST DRC 01 (Part A)] for intimation of liability under section 73(5) of CGST/SGST, Act 2017 for the return period 2020-21 primarily pertaining to a discrepancy between Input Tax credit (ITC) availed as per GSTR-3B and the ITC reflected in GSTR-2A from Assistant Commissioner of Commercial Taxes, Local GST Office-038, Bangalore. Department of Commercial Taxes, Karnataka, according to an exchange filing.