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Asian Paints gets GST demand notices worth Rs 2 07 crore

Asian Paints gets GST demand notices worth Rs 2 07 crore
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Asian Paints gets GST demand notices worth Rs 2 07 crore

The three orders related to the availing of "alleged ineligible Input Tax Credit (ITC)," were received on December 30, the leading paints maker said in a regulatory filing. These include an order passed under the Central Goods and Services Tax Act and Andhra Pradesh Goods and Services Tax Act for FY18-FY20, raising a demand of Rs 1.01 crore, disallowing ITC pertaining to repair and maintenance, travelling, and promotional expenses, and a penalty of Rs 5.72 lakh.

AP Assembly passes VAT amendment Bill

AP Assembly Budget Sessions 2022 Day 5 Proceedings

AMARAVATI: Three Bills were introduced for amendment on the fifth day of the Andhra Pradesh Assembly Budget sessions on Monday. Agriculture Minister Kurasala Kannababu, on behalf of Finance Minister Buggana Rajendranath  introduced  The Andhra Pradesh Public Employment ( Regulation of Age of Superannuation)(Amendment) Bill, 2022 in the  Legislative Assembly. After which

AP Assembly Passes Tax Bills

Amaravati: The  State Assembly on Thursday passed by voice vote the Andhra Pradesh Value Added Tax (Amendment) Bill, 2021 and the Andhra Pradesh Goods and Services Tax (Amendment) Bill, 2021, which were tabled by Finance Minister Buggana Rajendranath.  Speaking on the occasion, the Finance Minister said under the Andhra Pradesh Value Added Tax Act, 2005, liquor for human

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