Wednesday, Sep 23, 2026
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • My Space
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • My Space
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | Business | Maruti Suzuki To File Reply To Show Cause Notice From Gst Authority

Maruti Suzuki to file reply to show cause notice from GST Authority

The notice covers the period from July 2017 to August 2022, as stated in the company's regulatory filing.

By ANI
Published Date - 1 October 2023, 09:30 AM
Maruti Suzuki to file reply to show cause notice from GST Authority
whatsapp facebook twitter telegram

Mumbai: Maruti Suzuki India has said that it has received a show cause notice from the GST Authority proposing to demand interest and impose penalty, besides appropriating tax already paid, amounting to Rs 1,393 million “in matter of tax liability under reverse charge basis on certain services”.

The notice pertains to the period from July 2017 to August, 2022, the company said in a regulatory filing

Also Read

  • Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co
  • Maruti Suzuki India to buy out Suzuki Motor Corp share in Gujarat plant

”The company will file a reply to the show cause notice before the Adjudicating Authority. There is no impact on financial, operation or other activities due to the notice,” it said.

Maruti Suzuki India also said it has received an order from the Punjab and Haryana High Court “dismissing appeal filed by Central Excise Department for denial of input service credit to the company”.

“The company has received a favourable order from the High Court of Punjab and Haryana wherein appeals filed by the Central Excise Department for the period June 2006 to March 2011 have been dismissed. The Central Excise Department had filed appeals before the High Court against an earlier tribunal order of August 2016, which was passed in favour of the company in which input service credit on certain services was allowed to company and penalty was also dropped,” the filing said.

“The total tax and penalty amount involved in the department’s appeal was Rs 572 million,” it added.

  • Follow Us :
  • Tags
  • GST Authority
  • Maruti Suzuki
  • Maruti Suzuki India

Related News

  • Maruti Suzuki aims to raise female intake at Manesar JIM to 30pc

    Maruti Suzuki aims to raise female intake at Manesar JIM to 30pc

  • Tata Motors to hike commercial vehicle prices by up to 1 per cent from October 1

    Tata Motors to hike commercial vehicle prices by up to 1 per cent from October 1

  • Hyundai Motor India to hike vehicle prices by up to 1 pc from September

    Hyundai Motor India to hike vehicle prices by up to 1 pc from September

  • Maruti Suzuki’s ‘FRONX’ becomes fastest Indian SUV to hit 2 lakh exports

    Maruti Suzuki’s ‘FRONX’ becomes fastest Indian SUV to hit 2 lakh exports

Latest News

  • Telangana drugs regulator issues urgent recall of specific batch of Paracet 500 tablets

    9 minutes ago
  • SC to hear Mamata’s plea against ECI’s TMC symbol freeze

    27 minutes ago
  • Cyclonic rains disrupt life; Ganesh immersion continues as heavy rains lash Khammam, Warangal

    31 minutes ago
  • ‘The journey has only just begun’: Aditya Dhar on ‘Article 370’ National Awards

    1 hour ago
  • Jaishankar raises India’s concerns over Russia sanctions law with Rubio

    1 hour ago
  • AP Police order rowdy sheets against 51 in 2021 TDP office attack case

    1 hour ago
  • Former MLC caught playing cards in Siddipet

    1 hour ago
  • Harish Rao questions Congress claim of 280 TMCft Krishna water use, demands white paper

    1 hour ago

company

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

  • Telangana Today Telangana Today
Telangana Today Telangana Today

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam

Telangana Today App