tax demand

eicher share price: Eicher Motors gets a cut of more than Rs 100 crore in GST demand

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eicher share price: Eicher Motors gets a cut of more than Rs 100 crore in GST demand

Eicher Motors on Friday said that the GST demand orders served to it in December 30, 2023 from the office CGST and Central Excise, Chennai, has been revised to Rs 26.97 crore from Rs 129.79 crore, following an appeal by the automaker. The cut, amounting to over Rs 100 crore, pertains to the non-reversal of … Read more

Madras HC stays Rs 80 cr GST demand on Hyundai seconded employees pay

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Madras HC stays Rs 80 cr GST demand on Hyundai seconded employees pay

NEW DELHI: The Madras HC has stayed a GST demand of about Rs 80 crore on salary paid by Hyundai Motors to seconded employees. The company had challenged the December 23, 2023 tax demand notice from the GST authorities, which had considered the entire salary amount paid to seconded employees as taxable. Secondment, a common … Read more