Tue, Nov 26, 2024
In a regulatory filing, Hyundai Motor India Ltd (HMIL) said on Monday, November 25, it received show cause notice from Maharashtra State Tax Authority alleging "excess ITC claimed" is not confirmed as per norms and in RCM (reverse charge mechanism) tax paid by the company.
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Fri, Aug 18, 2023
Mahindra & Mahindra Ltd on Friday said it has been imposed a penalty of over Rs 14.3 lakh for incorrect input tax credit availed during the transition from the excise regime to the GST regime by erstwhile Mahindra Vehicle Manufacturers Ltd, which has since been merged into it.
Tue, Jun 04, 2019
One of the major errors can be in your PAN card when you cannot view your credit statement due to few mistakes that were made during income tax returns filing.
Sun, May 14, 2017
The collections of excise duty may take hit as dealers are refraining from purchasing goods from manufacturers as they are not sure about tax credits and rates under GST, which is slated for July 1 launch.
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