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AAR Ruling: GST Authority ruled dealers can claim input tax credit on demo cars. Landmark Cars East Pvt Ltd sought ruling on taxation aspects, specified time period for inward supply to potential Mercedes Benz car buyers.
Aurobindo Pharma Ltd confronts Rs 13 crore tax demand, ordered by Deputy Commissioner (ST) STU-1. The demand includes ITC reversal, GST payment with interest, and penalty. The company plans appeal with no financial impact reported.
Patanjali Foods faces a show cause notice from GST Intelligence in Chandigarh for a Rs 27.5 crore tax claim, involving input tax, penalties under CGST and Uttarakhand SGST Acts, recovery issues, interest implications, and the need to defend its case with uncertain financial outcomes.
Patanjali Foods faces a show cause notice from GST Intelligence in Chandigarh for a Rs 27.5 crore tax claim, involving input tax, penalties under CGST and Uttarakhand SGST Acts, recovery issues, interest implications, and the need to defend its case with uncertain financial outcomes.
Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes. The corporation has received a communication/demand order for collection of GST, along with interest and penalty for Jammu & Kashmir state, LIC said in a regulatory filing.