The Federal Bank Limited received an order from the Deputy Commissioner of State Tax (GST), Guwahati, Assam levying a penalty of INR 8,00,392/-. The Bank will be filing an appeal against the said Order. Nature and details of the action(s) taken, initiated or order(s) passed on Order in original under Section 73 of Central Goods and Services Tax Act, 2017 (CGST Act, 2017).
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