Yes Bank faces ₹63 Crore GST demand for FY 2017-19
According to an exchange filing, Yes Bank received two Orders related to FY 2017-18 and FY 2018-19 from the Goods and Services Tax Department, Maharashtra on 22.11.2024.
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According to an exchange filing, Yes Bank received two Orders related to FY 2017-18 and FY 2018-19 from the Goods and Services Tax Department, Maharashtra on 22.11.2024.
The Yes Bank has been penalised by Goods and Services Tax (GST) department, Maharashtra raising demand for disallowance of input tax credit (ITC) along with interest and penalty of Rs. 24,92,978/-.
Yes Bank on Wednesday said it has received two GST demand orders, which levied a penalty of over Rs 6.87 lakh.
Yes Bank on Wednesday said it has received two GST demand orders, which levied a penalty of over Rs 6.87 lakh.
As per the exchange filing, the private sector lender Yes Bank was fined Rs 3 crore by the Tamil Nadu Goods and Services Tax (GST) department on account of various GST issues. However, the bank does not expect any material…