HDFC Life has obtained tax demand orders of over Rs 16.5 crore and Rs 10.5 crore for alleged brief fee of GST and ITC declare mismatch.
The demand orders embrace curiosity and penalty as effectively; HDFC Life Insurance Company says it should file appeals in opposition to the GST demand orders earlier than the Appellate Authority
HDFC Life Insurance Company on Thursday mentioned it has obtained GST demand orders of over Rs 27 crore for alleged brief fee of taxes. In two separate regulatory filings, the insurer mentioned it has obtained tax demand orders of over Rs 16.5 crore and Rs 10.5 crore from authorities for alleged brief fee of GST and enter tax credit score declare mismatch.
The demand orders embrace curiosity and penalty as effectively. The firm mentioned it should file appeals in opposition to the GST demand orders earlier than the Appellate Authority.
Shares of HDFC Life settled 1.27 per cent greater at Rs 634.20 apiece on the BSE.
