NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED Nippon Life India Asset Management Limited has received communication/demand order for collection of GST for Telangana state. Name of the authority: Deputy Commercial Tax Officer T. Nagar: Central - III: Chennai Central: Tamil Nadu. Nature and details of the action(s): Demand Order of INR 144,919 (Including tax demand INR 65,764, interest of INR 59,155 and penalty INR 20,000) for fiscal year 2018-19 pertaining to GST Input Tax Credit availment.
Date of receipt of communication from the authority; 18th April 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed: Availment of Ineligible Input Tax Credit in GST returns.
