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Biocon Ltd on Friday said it has been imposed a penalty of over Rs 3 crore over GST-related issues. The company has received an order of adjudication imposing a penalty of Rs 3,03,78,465 dated February 22, 2024, from the office…
The Hon’ble Allahabad High Court in the case of Rawal Wasia Yarn Dying (P.) Ltd. v. Commissioner Commercial Tax [Writ Tax No. 352 of 2023 dated January 16, 2024] held that the invoice itself contains the details of the truck,…
Pan masala and tobacco manufacturers that do not register their packing machines with goods and services tax (GST) authorities may face a penalty of Rs 1 lakh per machine. Further the machine could also be confiscated by the GST department.…
GST additional commissioner’s office in Chandigarh has imposed a Rs 13.16 crore penalty on Vodafone Idea, the company said in a regulatory filing on Thursday. According to the filing, the order was passed on January 10 against the debt-ridden telecom…
The Hon’ble Allahabad High Court in the case of M/s. Rathore Building Material v. Commissioner of State tax [Writ Tax No 136 of 2023 dated December 1, 2023] held that Petitioner had complied with terms of Show Cause Notice by…
Vodafone Idea on Thursday said that it has received an order under the Central Goods and Services Tax Act, 2017, entailing a penalty of Rs. 10.76 crore. The troubled telco further said it will seek rectification and reversal of the…
Leading FMCG maker Hindustan Unilever Ltd on Monday said it has received Goods and Services Tax demands and penalties totalling Rs 447.5 crore from the authorities. In a regulatory filing, HUL — which owns brands such as Lux, Lifebuoy, Surf…
Auto major Mahindra & Mahindra Ltd on Friday (December 29) said it has been imposed a penalty of Rs.4.12 crore by the deputy commissioner, state tax, audit wing of Indore, Madhya Pradesh. The penalty is related to the erstwhile two-wheeler business of…
Mahindra & Mahindra Ltd on Thursday said it has been imposed a penalty of over Rs 56 lakh for wrongly carrying forward input service distributor credit available in pre-GST into GST regime with regards to its two-wheeler business. The company…
State Taxes Department (STD) Kashmir has recovered a penalty of Rs:- 3.86 Crores from April 2023 to November 2023 from GST defaulters for not carrying proper documents like GST invoices and e-way bills. This also includes Special Enforcement Drives conducted…