GST appeals authority upholds demand notice of Rs 139 cr against Maruti Suzuki

GST appeals authority upholds demand notice of Rs 139 cr against Maruti Suzuki

Maruti Suzuki India (MSI) on Wednesday said a Haryana GST appeals authority has upheld a tax demand of Rs 139.3 crore against the company. “The Commissioner (Appeals) has passed an order for period July 2017 to August 2022 upholding the demand of Rs 1,393 million, in matter of tax liability under reverse charge basis on … Read more

eicher share price: Eicher Motors gets a cut of more than Rs 100 crore in GST demand

eicher share price: Eicher Motors gets a cut of more than Rs 100 crore in GST demand

Eicher Motors on Friday said that the GST demand orders served to it in December 30, 2023 from the office CGST and Central Excise, Chennai, has been revised to Rs 26.97 crore from Rs 129.79 crore, following an appeal by the automaker. The cut, amounting to over Rs 100 crore, pertains to the non-reversal of … Read more

Madras HC stays Rs 80 cr GST demand on Hyundai seconded employees pay

Madras HC stays Rs 80 cr GST demand on Hyundai seconded employees pay

NEW DELHI: The Madras HC has stayed a GST demand of about Rs 80 crore on salary paid by Hyundai Motors to seconded employees. The company had challenged the December 23, 2023 tax demand notice from the GST authorities, which had considered the entire salary amount paid to seconded employees as taxable. Secondment, a common … Read more