Bannari Amman Sugars Legal & Regulatory
Bannari Amman Sugars received a GST Show Cause Notice demanding ₹29.76 Crore for FY 2020-21. The notice alleges excess Input Tax Credit availment across tax, interest, and penalty.
- Value
- ₹29.76 Cr
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Bannari Amman Sugars received a GST Show Cause Notice demanding ₹29.76 Crore for FY 2020-21. The notice alleges excess Input Tax Credit availment across tax, interest, and penalty.
The Madras High Court granted an interim stay on tax recovery proceedings of ₹12.72 Crore against Bannari Amman Sugars. This filing corrects a previous administrative submission error.
The Madras High Court granted an interim stay on recovery proceedings of Rs. 12.72 Crore initiated by the District Collector regarding electricity tax.