|
HDFC
Life gets GST demand orders of Rs 27 cr for short payment of taxes
HDFC Life Insurance Company on Thursday said it has received GST
demand orders of over Rs 27 crore for alleged short payment of taxes.
In two separate regulatory filings, the insurer said it has
received tax demand orders of over Rs 16.5 crore and Rs 10.5 crore from
authorities for alleged short payment of GST and input tax credit claim
mismatch.
The demand orders include interest and penalty as well.
The company said it will file appeals against the GST demand
orders before the Appellate Authority.
Shares of HDFC Life settled 1.27 per cent higher at Rs 634.20
apiece on the BSE.
www.business-standard.com dt. 29.03.2024
|