Skipper Legal & Regulatory
Skipper Ltd reported a reduction in a GST show-cause notice demand to Rs. 40.96 Crore from the previously cited Rs. 227.53 Crore.
- Value
- ₹40.96 Cr
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Skipper Ltd reported a reduction in a GST show-cause notice demand to Rs. 40.96 Crore from the previously cited Rs. 227.53 Crore.
Skipper Limited received a GST show cause notice proposing a demand of ₹227.53 Crore. The company disputes this demand and intends to contest it.
Skipper Ltd announced that the Principal Commissioner (Appeals) set aside the tax department's appeal against a previously dropped tax demand of ₹10.21 Crore.
Skipper Ltd updated that an appeal has been filed against the dropped GST demand. The company will file its objection within the stipulated time.
Skipper Limited received a GST demand order for ₹0.45 Crore from the SGST Department, Kerala, due to GSTR 1-3B mismatches in F.Y.2021-22. The company stated there is no material financial impact and plans to file an appeal within the stipulated time.