Delhivery Limited has received an order confirming tax amount to ₹ 3,02,12,954/-, applicable interest thereon, and penalty of ₹ 30,21,294/- under Section sub-section (11) of Section 107 of the West Bengal Goods and Services Tax Act, 2017, according to the Company’s exchange filing.
The government of West Bengal, Directorate of Commercial Taxes has confirmed the amount on the ground of disallowance of Input Tax Credit (ITC).
The Company is likely to challenge the order before an appropriate authority.” The Company will be filing further appeal against the order with higher authority,” said Delhivery Limited in their regulatory filing.
The disclosure before the exchange was made under Regulation 30 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015.
Source #ET
