Tax authorities appeal to reinstate ₹368.72 crore GST penalty on Tata Steel
Tata Steel Limited said tax authorities have filed an appeal seeking restoration of penalties worth Rs. 368.72 crore that were earlier dropped in a GST adjudication order
Tag: Tata Steel
Tata Steel receives notice over input tax credit, says claim lacks merit: ‘Already paid GST of ₹514,19,36,211’
ata Steel received a show-cause notice along with a tax demand from the Officer of Commissioner (Audit) of Central Tax, Ranchi, on 27 June 2025, alleging an input tax credit (ITC) irregularity in the period between financial year 2018-18 to 2022-23 fiscal, according to an exchange filing.
Tata Steel gets show cause notice for Rs 890 crore Input Tax Credit irregularities; Co says no merit in notice
Tata Steel has received a demand cum show cause notice from CGST & Central Excise of Jamshedpur, Jharkhand. The notice pertains to the irregular availing of Rs 890.52 crore of Input Tax Credit for the period FY19 through FY21.
Tata Steel Entitled To Treat Contribution Of Rs. 212.52 Crores To CAF As Revenue Expenditure: Bombay High Court
The Bombay High Court has held that Tata Steel is entitled to treat the contribution of Rs. 212.52 crores to the Compensatory Afforestation Fund (CAF) as revenue expenditure.