New Delhi: Tyre producer Apollo Tyres stated the corporate has obtained a penalty from the Items and Service Tax (GST) division in Uttar Pradesh.
Beneath Regulation 30 of SEBI (Itemizing Obligations and Disclosure Necessities) Laws, 2015, the corporate has submitted the main points of the order obtained below Central Items and Providers Tax Act, 2017 in its regulatory filings. The order was handed by the Assistant Excise and Taxation Officer (GST), Uttar Pradesh, which has imposed a penalty of INR 1.3 lakh on Apollo Tyres, stated the corporate.
Particulars of the violation dedicated or alleged to have been dedicated by the corporate have been stated to be a ‘dispute relating to E-way invoice’.
The corporate has made it clear that it’ll file an attraction earlier than the Appellate Authority in the end.
Including within the regulatory filings, the corporate additional added, “there is no such thing as a materials impression of the identical on the monetary, operations or different actions of the corporate.”
, Uttar Pradesh, which has imposed a penalty of INR 1.3 lakh on Apollo Tyres, the company said.){kind=link}