Scrip Symbol
TVSELECT (NSE)
Litigation Details
Opposing Party: Assistant Commissioner, Delhi Goods & Services Tax Department
Nature of Dispute: The Delhi GST Department issued a Show Cause Notice under Section 73(1) of CGST/Delhi GST Act & Rules 2017 for the tax period April 2022 to March 2023. The notice alleges excess availment of Input Tax Credit (ITC) by the company.
Financial Implications: The total expected financial impact is ₹58,23,047 (Fifty-Eight Lakh Twenty-Three Thousand Forty-Seven Rupees), which includes both interest and penalty components.
Quantum of Claims: Single claim proceeding
Current Status: The company is in the process of filing its reply to the Show Cause Notice. No further developments have been reported beyond this initial stage of the proceedings.