GST appellate order upheld; tax demand of about Rs 1.27 crore
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The Additional Commissioner (Appeals), Guntur upheld an original GST order against Amara Raja Energy and Mobility. The original order from April 2024 related to excess input tax credit claims and short-paid tax for financial year 2018-19. Total tax demand is about Rs 1.27 crore, penalty is about Rs 12.72 lakh, plus interest under Section 50 of CGST Act. The company says there is no material impact and the liability was already disclosed as a contingent liability. They will file a further appeal before the GST Tribunal.
Limited impact as amount is small and already disclosed as contingent liability; some overhang until the next appeal is heard.