Eicher Motors receives GST demand notice of Rs 15 lakh

Mumbai: Eicher Motors on Friday said it has received a GST demand order of Rs 15 lakh from Uttarakhand authorities.

The company has received a GST demand order from the Office of the Deputy Commissioner, Dehradun – Sector 3, Uttarakhand.

Demand order for an aggregate amount of Rs. 0.15 crore (which includes tax demand of Rs. 0.14 crore and penalty of Rs. 0.01 crore), the company said in a regulatory filing.

The company has received the notice for the financial year 2019-20.

Based on company’s assessment, the aforesaid demand is not maintainable and the company is evaluating all options including filing an appeal against the order. The company did not envisage any relevant impact on financials, operations or other activities of the company, it said.