Legal31 Mar 2026, 05:41 pm
Maruti Suzuki India Ltd Receives GST Adjudication Order for Rs. 384.17 Million
AI Summary
Maruti Suzuki India Ltd has received an Adjudication Order from the Haryana GST Authority for the period April 2019 to March 2024. The order confirms a tax demand of Rs. 384.17 million along with applicable interest and an equal penalty. The demand is in relation to GST liability on account of Tax Credit Notes. The Company plans to file an appeal against the Order to the first appellate authority. The impact on the financial, operation, or other activities of the Company is not significant.
Key Highlights
- Maruti Suzuki India Ltd has received an Adjudication Order from the Haryana GST Authority.
- The order confirms a tax demand of Rs. 384.17 million along with applicable interest and an equal penalty.
- The demand is in relation to GST liability on account of Tax Credit Notes.
- The Company plans to file an appeal against the Order to the first appellate authority.
- There is no major impact on the financial, operation, or other activities of the Company due to this Order.