Quick Summary
Maruti Suzuki India Limited (MSIL), the nations largest car manufacturer, has been issued a Goods and Services Tax (GST) demand notice amounting to Rs 5.4 crore. This notice was disclosed by the company in a recent communication to the stock exchanges. The GST Department in Gujarat issued the show cause notice (SCN) for the period spanning from July 2017 to March 2023. The demand is based on the denial of input tax credit (ITC) on certain services, as outlined in the SCN. The total demand men
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FAQ :
The Goods and Services Tax (GST) demand notice issued to Maruti Suzuki amounts to Rs 5.4 crore.
The GST Department in Gujarat issued the show cause notice to Maruti Suzuki.
The GST demand notice covers the period from July 2017 to March 2023.
The demand is based on the denial of input tax credit (ITC) on certain services.
Maruti Suzuki has announced that it will file a detailed reply before the adjudicating authority.
Maruti Suzuki has assured stakeholders that the notice will not affect its financial, operational, or other activities.
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