Zomato Faces Rs.9.5 Crore GST Demand Notice as Rival Swiggy Launches New Feature
Online food delivery platform Zomato has received a fresh Goods and Service Tax (GST) demand notice for about Rs 9.45 crore with interest and penalty.
Stay updated
Online food delivery platform Zomato has received a fresh Goods and Service Tax (GST) demand notice for about Rs 9.45 crore with interest and penalty.
ICICI Prudential Life Insurance has received a GST notice of Rs. 365 crore, including interest.
LIC on Friday (June 28) said it received a demand order of Rs.3.59 crore for GST, along with interest and penalties, from the Superintendent of RANGE-III, Large Taxpayer Unit, Corporate Unit, West Bengal.
The country’s largest carmaker, Maruti Suzuki India Limited (MSIL) has got a GST demand notice of Rs 5.4 crore.
Finance Minister Nirmala Sitharaman on Saturday said less than two per cent of the total 58.62 lakh taxpayers under Central GST administration has been sent tax notices and the intention of the government is to make GST assessees life easier by reducing compliance requirements.
The Honorable Delhi High Court in the case of Anhad Impex held that merely uploading a Show Cause Notice under the category “Additional Notices” instead of “Notices” on the GST Portal does not constitute sufficient intimation to the taxpayer. Consequently, the subsequent demand order passed without giving the Petitioner a proper opportunity to respond to SCN was set aside, and the Court directed that SCN be re-adjudicated after affording a proper opportunity of hearing to the Petitioner.
Indian IT services company LTIMindtree Ltd on Monday (May 6) said it has received an order under Section 73 of the Maharashtra Goods & Services Tax Act, 2017, demanding a sum of Rs.155.7 crore.
IT services major Infosys said that the Odisha authority has imposed a penalty of Rs. 1.46 lakh on the company. The penalty has been imposed on Infosys for availing ineligible input tax credit.
A large number of businesses, which received goods and services tax (GST) notices in December 2023 and January this year due to the extension of the deadline for the issuance of notices, have moved various high courts questioning the legal validity of the notices.
UltraTech Cement Limited has disclosed in a regulatory filing that is has received an order from the DGSTO, Kalaburagi, Karnataka, demanding payment for GST, interest, and penalties amounting to Rs. 7.92 crore