Maruti Suzuki gets GST demand notice of Rs 5.4 crore over input tax credit denial

By: Admin
June 24, 2024
Categories: GST Recent News
4 Min Read

The country’s largest carmaker, Maruti Suzuki India Limited (MSIL) has got a GST demand notice of Rs 5.4 crore.

The company has received a show cause notice issued by GST Department, Gujarat for the period July 2017 to March 2023 on account of input tax credit denial on certain services, it said in a disclosure to the exchanges. The total demand amount mentioned in SCN is Rs 5.4 crore (approximately).

The company will be filing a reply to the show cause notice before the adjudicating authority.

There is no impact on financial, operation or other activities of the company due to this notice, MSIL said in its disclosure.

Source from: https://www.businesstoday.in/latest/corporate/story/maruti-suzuki-gets-demand-notice-of-rs-54-crore-from-gst-department-gujarat-434534-2024-06-24