Birla Corporation Limited announced that the Order passed by the Deputy Commissioner-C, Business Audit Wing-VI, Rajasthan, Jaipur pertaining to GST. Deputy Commissioner-C, Business Audit Wing-VI, Rajasthan, Jaipur. Demand order passed alleging wrong reduction of tax liability on account of rate difference credit notes under section 15(3)(b) of RGST/CGST Act, 2017 during the period April 2020 to March 2021.
GST INR 26,535,879/-; Interest is INR 20,034,952. Penalty INR 2,653,588. Date of receipt of direction is February 27, 2025.
Demand Order raised against the Company for wrong reduction of tax liability on account of rate difference credit notes under section 15(3)(b) of RGST/CGST Act, 2017. INR 49,224,419, The Company believes that the above demand is not maintainable and hence is in the process of preferring an appeal against the said order /demand.
