Maruti Suzuki Faces Rs 5.4 Crore GST Demand Notice

Maruti Suzuki India Limited (MSIL), the largest car manufacturer in India, has disclosed receiving a Goods and Services Tax (GST) demand notice amounting to Rs 5.4 crore. The notice, issued by the GST Department in Gujarat, covers the period from July 2017 to March 2023 and pertains to the denial of input tax credit on specific services, as detailed in the show cause notice (SCN). Maruti Suzuki plans to submit a comprehensive reply to the adjudicating authority in response to this demand. The company has assured stakeholders that this development will not impact its financial stability or day-to-day operations. Known for its robust financial and operational performance, Maruti Suzuki aims to address the notice through appropriate legal channels, emphasizing its commitment to compliance and transparency within India's GST framework.