City
Epaper

Maruti Suzuki gets GST notice for paying up Rs 139 crore

By IANS | Updated: September 30, 2023 12:45 IST

New Delhi, Sep 30 Leading car manufacturer Maruti Suzuki has been sent a show cause notice by the ...

Open in App

New Delhi, Sep 30 Leading car manufacturer Maruti Suzuki has been sent a show cause notice by the GST Authority proposing to demand Rs 139.3 crore as tax inclusive of interest and penalty.

The notice pertains to the matter of tax liability under reverse charge basis on certain services for the period of July 2017 to August, 2022, the company said in a regulatory filing.

The company said it will file a reply to the show cause notice before the Adjudicating Authority.

Maruti Suzuki claimed that it has received a favourable order from the Punjab and Haryana High Court wherein appeals filed by the Central Excise Department for the period June 2006 to March 2011 were dismissed in an earlier Rs 57.2 crore case.

The company further stated in the filing that the Central Excise Department had filed appeals before the high court against an earlier tribunal order of August 2016, which was passed in favour of the company in which input service credit on certain services was allowed to it and the penalty imposed was dropped.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentKunal Kapoor shares pics from recent trek amidst calm and serene nature

NationalGujarat: Day after joining BJP, former AAP leader Raju Karpada named candidate for local polls

NationalManipur: BSF constable martyred in Ukhrul militant firing

NationalUS, India discuss energy cooperation after passing of SHANTI Bill

NagpurYogesh–Vikrant duo stuns Kothari-Kamwani

International Realted Stories

InternationalMoS Singh hands over PM Modi's felicitations to Myanmar's President Hlaing

InternationalJaishankar's Mauritius visit highlights major push in healthcare, maritime cooperation and development partnership

InternationalNepal elects 26-year-old Rubi Kumari Thakur as Deputy Speaker of House

International"Only reason they are alive today is to negotiate": Trump warns Iran over proposed transit fees to pass Hormuz

InternationalUS needs to "adhere to its commitments" of ceasefire: Iran's FM Araghchi says Lebanon integral part of deal