India, Feb. 26 -- Logistics giant Delhivery has received an order from the West Bengal Goods and Services Tax (GST) department, asking it to pay INR 5.35 Cr tax amount.
In an exchange filing, the company said that the order has been passed under subsection 73 of the West Bengal GST Act, 2017, read with section 20 of the IGST Act, 2017, for FY21. Besides the tax amount, Delhivery has been asked to pay interest and a penalty of INR 53.57 Lakh.
The order cited disallowance of input tax credit (ITC) due to multiple reasons, including short ITC reversal under Rule 42/43, ITC disallowed from suppliers whose GST registration was cancelled retrospectively and from suppliers who failed to file their GSTR-3B returns.
The company said that the ta...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.