GST Authority Imposes Rs.7.68 Crore On Bharti Airtel; Company To Challenge Order
It was about the irregular Input Tax Credit (ITC) claimed during the financial years 2017-18 to 2021-22;
GST Authority Imposes Rs.7.68 Crore On Bharti Airtel; Company To Challenge Order
It was about the irregular Input Tax Credit (ITC) claimed during the financial years 2017-18 to 2021-22
Bharti Airtel Limited plans to challenge the order of the Office of the Commissioner of Central Goods and Services Tax, Bengaluru, South Commissionerate, under the Central Goods and Services Tax (CGST) Act, 2017.
The Goods and Services Tax (GST) authority passed the order under Section 74 of the CGST, levying a penalty of Rs.7,68,35,122. It was about the irregular Input Tax Credit (ITC) claimed during the financial year 2017-18 to 2021-22.
Bharti Airtel stated, "The company does not agree with the order and will take appropriate action for the same.”