JSW Steel receives Rs.64.5 crore GST penalty order over mining rights payments
Steelmaker JSW Steel Ltd said a penalty of ₹64.47 crore has been imposed by the Office of the Commissioner of GST and Central Excise, Belagavi Division. The penalty relates to the alleged non-payment of GST under the Reverse Charge Mechanism for mining rights payments in Karnataka during the period of July 2017 to July 2019.