The Indian Hotels Company Limited announced that Assistant Commissioner Central GST, Mumbai West, Division I, levying a penalty INR 17,87,294 in terms of Section 77 and Sec 78 of the Finance Act, 1994. Date of receipt of order is February 10, 2024. Details of the violation(s)/contravention(s)committed or alleged to be committed; Demand of tax under Section 73(2) of Finance Act on the grounds of excess Cenvat credit amounting to INR 17,77,294 availed in the Service tax returns.
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