ZF Commercial Vehicle Control Systems India Receives GST Show Cause Notice

ZF Commercial Vehicle Control Systems India Limited has received a show cause notice from the Office of the Commissioner of GST & Central Excise, Audit-I Commissionerate, Chennai. The notice, dated August 11, 2026, pertains to an audit conducted under Section 65 of the CGST Act, 2017, for the period April 2020 to March 2024. It proposes a demand of ₹27,99,29,495 primarily due to excess availment of Input Tax Credit (ITC), ineligible ITC, and import-related ITC discrepancies. The notice also proposes a penalty under Section 74 of the CGST Act. The company stated that there is no material impact on its financials, operations, or other activities and is in the process of filing a detailed response.