The company in its regulatory filings has determined that it has obtained the SCN for the fiscal year spanning April 2019 to March 2020, specifying the difference in tax return reconciliations.
The Rajasthan GST department has specified the discrepancy amounting to Rs 3.1 lakh. The company is building to address the show cause notice appropriately.
Maruti Suzuki India in addition to the prior disclosure has notified a significant development in its legal cases.
The company has obtained a promising decision from the High Court of Punjab and Haryana. The same legal ruling pertinent to the series of petitions that were executed by the central excise department.
Spanning from June 2006 to March 2011 such petitions covered a time duration. The case brief was that the Central Excise Department had contested the prior decision incurred through the tribunal back in August 2016. The decision of the tribunal is in favour of Maruti Suzuki India. It permitted the company to avail of the input service credit for the particular services and significantly dropped the penalty that had been levied on the company.
Recommended: How to Effortlessly Check Validity of GST SCN & Orders
The reason for this favourable ruling is that it kept the decision of the tribunal, particularly endorsing the position of the company on the case. Consequently, the high court dismissed the petition filed via the central excise department.
A notice on March 14, 2024, has been obtained by Maruti Suzuki, from the Commissioner of Customs at Nhava Sheva. This notice addresses alleged offences in the classification of imported goods and requests a payment of Rs 27.87 lakh to settle the tax discrepancies, fines, and penalties.
