City
Epaper

GST authorities tell NTPC to cough up Rs 100 cr

By IANS | Updated: January 5, 2024 12:40 IST

Mumbai, Jan 5 NTPC has received demand orders from GST authorities in seven states to pay up tax, ...

Open in App

Mumbai, Jan 5 NTPC has received demand orders from GST authorities in seven states to pay up tax, interest, and penalty adding up to a total of Rs 100.80 crore.

The states from which the tax demand has come include Delhi, Uttar Pradesh, Andhra Pradesh, Bihar, Chhattisgarh, Maharashtra and Gujarat.

NTPC said that it will file an appeal against the said orders within the prescribed timelines.

The government-owned power giant also stated that the GST demand orders will not have a material impact on the financials, operations, or other activities of the company.

Shares of NTPC were trading at Rs 315.70 apiece at 12 a.m. on Friday.

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

CricketMI vs GG, WPL 2026: Georgia Wareham, Bharti Fulmali powers Gujarat Giants to 192/5 Against Mumbai Indians (VIDEO)

International'Ukraine conflict is excuse': At UNSC, China criticises US sanctions over Russian trade

NationalCongress prioritises Rahul Gandhi over German Chancellor Merz's Karnataka visit: BJP

NationalBihar: Dahi–Chura celebrations spotlight Bhagalpur’s GI-tagged ‘Katarni’

HealthInclusive finance must be linked to social security: CEA Nageswaran

National Realted Stories

NationalInclusive finance must be linked to social security: CEA Nageswaran

NationalLEDs, toys, nutrition gardens: ‘Saksham Anganwadis’ transforming early childhood in MP’s Neemuch

NationalUttar Pradesh: Fire Erupts at Narayan Shukla Dham Camp in Prayagraj Magh Mela (VIDEO)

NationalStrategic Dialogue sees India, France deepen defence, tech ties backing ‘Atmanirbhar Bharat’ and ‘Make in India’

NationalPRAGATI succeeds in fast-tracking 382 mega infra projects worth Rs 85 lakh crore