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Informative

Aditya Birla Fashion Hits with ₹2.46 Crore GST Demand Over ITC Dispute

Update / Judgement Date

24 Nov 2024

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate ComplianceGST

Aditya Birla Fashion has been served with a GST demand of Rs. 2.46 crore due to an ITC dispute. The dispute arose from discrepancies in input tax credit claims. The ITAT or relevant authorities will need to adjudicate on the legitimacy of the ITC claims and the correctness of the GST demand. This case underscores the challenges in managing ITC under GST and the need for accurate and compliant accounting practices.