Maruti Suzuki India Limited (MSIL), the country’s largest carmaker, has been hit with a GST demand notice of ₹ 5.4 crore. The notice, issued by the GST Department in Gujarat, pertains to the denial of input tax credit on certain services for the period from July 2017 to March 2023. This information was disclosed by the company in a communication to the exchanges.
The total demand mentioned in the show cause notice (SCN) is approximately ₹ 5.4 crore. MSIL has stated that it will file a reply to the notice before the adjudicating authority. The company assured stakeholders that this notice will not impact its financial, operational, or other activities.
This is not the first time Maruti Suzuki has faced such issues. Last year, the GST Authority issued a show cause notice to the company proposing a tax demand of ₹ 139.3 crore, including interest and penalties. That notice concerned the tax liability under reverse charge basis on certain services for the period from July 2017 to August 2022.
Maruti Suzuki’s proactive approach in addressing these notices reflects its commitment to compliance and transparency.
