Cipla gets Rs 1.83 crore penalty for claiming inadmissible t

Cipla gets Rs 1.83 crore penalty for claiming inadmissible transitional credit on education cess

The company has received an order from the Principal Commissioner of CGST & Central Excise, Mumbai, Maharashtra imposing a penalty of Rs 1,83,17,388 under applicable provisions of the Central Goods and Services Tax Act, 2017 and Maharashtra Goods and Services Tax Act, 2017, Cipla said in a regulatory filing

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