Jamna Auto Subsidiary Receives ₹10.47 Crore GST Notice

Jamna Auto's subsidiary Jai Suspension Systems received GST show cause notice demanding ₹10.47 crore tax plus interest and penalty.
Notice from Dehradun GST Authority covers audit period FY2021-22 to FY2023-24 regarding ITC reporting discrepancies.
Subsidiary will file appropriate response to the notice based on tax consultant advice.
Company states no material financial or operational impact expected from this notice.