Hero MotoCorp gets Rs 456 cr GST demand notice

Hero MotoCorp gets Rs 456 cr GST demand notice

Hero MotoCorp on Tuesday said it has received a GST demand of Rs 456 crore from the Rajasthan authorities. The company has received an order from the Additional Commissioner, Central Goods and Services Tax, Alwar, Rajasthan, imposing a penalty of Rs 456.06 crore under Section 74 of the Central Goods and Service Tax Act, 2017, … Read more

IDBI Bank Gets Rs 2.97 Crore GST Demand Order

IDBI Bank Gets Rs 2.97 Crore GST Demand Order

The bank is evaluating appropriate legal remedy, including appeal, as per law IDBI Bank has received a GST demand order along with interest and penalty IDBI Bank on Tuesday said it has received a GST demand order of Rs 2.97 crore along with interest and penalty for alleged excess availment of input tax credit (ITC). … Read more