Apollo Tyres Legal & Regulatory
Apollo Tyres Ltd received GST penalties totaling ₹0.71 Crore from authorities in Bihar regarding Input Tax Credit disputes. The company plans to appeal the orders.
- Value
- ₹0.71 Cr
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Apollo Tyres Ltd received GST penalties totaling ₹0.71 Crore from authorities in Bihar regarding Input Tax Credit disputes. The company plans to appeal the orders.
Apollo Tyres Ltd received an order from the Joint Commissioner of Customs, Chennai, imposing a ₹0.14 Crore penalty due to a dispute regarding HSN classification. The company plans to appeal the decision. Management stated there is no material impact on financial or operational activities.
Apollo Tyres Ltd received a GST penalty order of ₹0.15 Crore from the Haryana tax authority regarding an E-way Bill dispute. The company intends to appeal the order. Management stated there is no material impact on financial or operational activities.