GHCL Limited receives notice from GST Dept. for excess ITC Claim
GHCL Limited has received a scrutiny notice on September 16, 2024 from GST department, Maharashtra for the financial year 2020-21.
Tag: GST Notice
Munjal Auto gets tax demand notice of Rs 6.7 cr from Haryana GST authority
Munjal Auto Industries Limited on Tuesday (September 3) received a demand notice from the Haryana GST authority. The notice, with a total demand amounting to Rs 6.76 crore, concerns the period from April 2019 to March 2020, the company said in an exchange filing on Tuesday.
Hitachi Energy faces ₹46.29 crore tax demand following GST audit for FY 2019-20
Hitachi Energy India Ltd on Tuesday (September 3) said it has received a tax demand totalling ₹46.29 crore following an audit conducted by the Assistant Commissioner of Commercial Taxes (Audit). The demand comprises ₹24.41 crore in GST, ₹19.43 crore in interest, and ₹2.44 crore in penalties.
Zomato Shares Fall After Being Slapped With A GST Penalty Of ₹3.5 Lakh
Deepinder Goyal-led Zomato appears to have ran into a bit of a trouble, as the company has been served with a GST penalty notice of Rs 3.5 lakh. This also appears to have started to affect their performance at teh equity market as well. The company shares were trading in red in the early hours of the day’s trade on Monday, September 2.
Vodafone Idea slapped with Rs 73 cr GST demand orders, penalty, interest
Debt-ridden telecom firm Vodafone Idea has been slapped with demand orders from various GST offices to pay over Rs 73 crore comprising tax dues with penalty and interest, a regulatory filing said on Monday.
Infosys Faces Over Rs 3 Crore Tax Penalty Amid Alleged Discrepancies
Infosys has said that it has received a penalty notice of over Rs 3 crores from the Deputy Commissioner of Commercial Taxes in Bengaluru. The penalty pertains to alleged discrepancies in tax payments and the excessive use of Input Tax Credit for the financial year 2019-20.
LIC gets GST notice of Rs 605 crore for wrong availment and short reversal of ITC
LIC on Thursday got a GST notice of Rs 294 crore and a penalty of Rs 29.4 crore from the Deputy Commissioner of State Tax, Mumbai for wrong availment and short reversal of ITC & Interest on late payments, said the company in a stock exchange filing for FY20.
Vodafone Idea asked to pay Rs 15.19 cr GST along with Rs 1.51 cr penalty
GST office in Patna has ordered debt-ridden Vodafone Idea to pay Rs 15.19 crore, along with a penalty of Rs 1.51 crore, for allegedly availing of input tax credit it was not eligible for in FY20 and FY21, a regulatory filing said on Wednesday.
ICICI Prudential gets GST demand notice of ₹429 crore from Maharashtra tax authority
ICICI Prudential Life Insurance Company Ltd (ICICI Pru Life) announced that it has been issued a tax demand of ₹429.05 crore by the Deputy Commissioner of State Tax in Maharashtra, on Tuesday, August 27.
Govt likely to withdraw Infosys $4 billion tax demand after backlash
India is likely to retract its demand that Infosys pay $4 billion in back taxes after weeks of lobbying by the IT giant and an onslaught of criticism from the software services industry, said two government sources with direct knowledge of the plan.