Tata Steel gets show cause notice over input tax credit of Rs 1,000 cr availed during FY19-23

Wait 5 sec.

Tata Steel has received a show cause notice from tax authorities regarding an alleged irregular availment of input tax credit amounting to Rs 1,000 crore between FY19 and FY23. The notice, issued by the Office of the Commissioner (Audit), claims the input tax credit was availed in contravention of GST Act.