GST Authority Imposes ₹1.39 Crore Demand; Company to Appeal
JK Tyre & Industries Limited · JKTYRE · NSE ·
The company has received a demand order from the GST authority for the financial year 2019-20. The order alleges wrongful availment of Input Tax Credit (ITC), leading to a total demand of approximately <b>₹1.39 Crore</b> (₹69.37 Lakh tax + ₹69.37 Lakh penalty) plus applicable int…