Welspun Enterprises Legal & Regulatory
Welspun Enterprises received a Show Cause Notice from the Haryana GST Authority proposing a tax demand of ₹15.37 Crore for FY 2022-23.
- Value
- ₹15.37 Cr
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Welspun Enterprises received a Show Cause Notice from the Haryana GST Authority proposing a tax demand of ₹15.37 Crore for FY 2022-23.
Welspun Enterprises received a Show Cause Notice from UP State GST authority for FY 2022-23. The tax demand mentioned is Rs. 71.24 Crore plus interest/penalty.
Welspun Enterprises subsidiary received GST Show Cause Notices totaling ₹179.87 Crore regarding turnover reporting differences. The company plans a detailed reply and expects no material impact.
Welspun Enterprises' subsidiary, Welspun Aunta-Simaria Project Private Limited, received a Rs. 33.34 Crore income tax demand for FY 2023-24. The company believes the demand is not maintainable and is filing an appeal. Management does not foresee any material impact on financial or operational activities.