Tax compliance: Tata Steel served Rs 1,007 crore GST notice, says...

Dununu.com Dununu

Gesponsert

Tax compliance: Tata Steel served Rs 1,007 crore GST notice, says claim lacks merit, no business impact expected

RSS Feed Business

Posted

94

Tata Steel faces a show cause-cum-demand notice from tax authorities regarding alleged irregular availment of input tax credit (ITC) amounting to over Rs 1,007 crore for fiscal years 2018-19 to 2022-23. While the company has already paid Rs 514.19 crore in GST, the notice proposes appropriating this amount, leaving an alleged exposure of Rs 493.35 crore.

Read Full Article

Please log in to like, share and comment!

Mohit Suri on Relearning Filmmaking With ‘Saiyaara’

Director Mohit Suri's latest romantic drama, 'Saiyaara,' starring debutants Ahaan Panday and...

Von 0 2

INS Nistar commissioned: India's first indigenous deep-sea rescue ship; joins elite global club

Von 0 4

'India's heritage insulted': CM Yogi Adityanath bats for Kanwar Yatris; slams 'media trial'

Von 0 4

'Faulty auto-translation is distorting facts': Siddaramaiah complains; Meta apologises, claims to have fixed issues

Von 0 4

Indian Overseas Bank Q1 results: Net profit jumps 76% YoY to Rs 1,111 crore; asset quality and margins improve

Indian Overseas Bank (IOB) witnessed a significant surge in net profit for the quarter ended June...

Von 0 12