Bajaj Consumer Care Receives ₹27.23 Lakh GST Demand Notice for Credit Mismatch

Bajaj Consumer Care has received a GST demand notice for "credit mismatch." This indicates a discrepancy identified by the tax authorities between the Input Tax Credit (ITC) claimed by Bajaj Consumer Care and the tax reported by its suppliers. Such mismatches are a common issue in the GST regime, often arising from data entry errors, timing differences, or genuine supplier non-compliance. The demand notice requires the company to reconcile the differences or pay the disputed amount, highlighting the challenges of strict invoice matching under GST.