ZF Commercial Vehicle Control Systems India Ltd Wins Appeal Against Tax Demand

ZF Commercial Vehicle Control Systems India Ltd has received a favorable order from the Commissioner (Appeals), setting aside a demand of Rs. 1,79,04,715/- (IGST) and a penalty of Rs. 17,90,472/-. This demand was originally imposed by the Commissioner of CGST & Central Excise, Jamshedpur, for alleged excess/irregular/ineligible Input Tax Credit (ITC) availed and utilized for FY 2020-21. The appellate authority accepted the company's appeal, confirming that there was no excess availment of ITC. The company stated that this favorable order has no material impact on its financial position, operations, or other activities.