Coca-Cola Unit Is The Latest Company To Face Taxman's Scrutiny For Alleged Evasion Of GST
Coca-Cola unit is the latest company to face taxman’s scrutiny for alleged evasion of GST Hindustan Coca-Cola Beverages Pvt Ltd gets show-cause notice for allegedly not paying taxes on the promotional and marketing amount it received from parent. The company confirms receipt of notice, says it fully complies with regulations. HCCB is the latest company that has come under the gaze of authorities for alleged tax evasion. A division of the department tasked with collecting goods and services tax (GST) has launched an investigation into the Indian bottling unit of Coca-Cola for alleged evasion...
Source: moneycontrol.com