Eternal Receives Over Rs 40 Cr Tax Demand, Penalty From GST Authority
Eternal notes that it has received three orders on 25 August 2025 for the period July 2017 to March 2020, passed by the Joint Commissioner, Appeals-4, Bengaluru
Eternal notes that it has received three orders on 25 August 2025 for the period July 2017 to March 2020, passed by the Joint Commissioner, Appeals-4, Bengaluru
Retailers’ body urges rationalised GST to boost consumption and ease compliance The Retailers Association of India (RAI) has welcomed the government’s proposed Goods and Services Tax (GST) reforms, calling them a step towards making the tax system simpler, fairer, and more growth-oriented. Kumar Rajagopalan, CEO of RAI, highlighted that reducing GST on both everyday […]
The company says that it is evaluating this matter and will submit its reply within the prescribed time period
The fresh representations follow a recent order of the Karnataka High Court that asked Central Board of Indirect Taxes and Customs (CBIC) to clarify its stance on the issue
The industry body urged the government to implement the ecommerce policy and the rules framed under the Consumer Protection Act and the Foreign Direct Investment (FDI) policy
Industry bodies have called for the formation of an independent regulatory body for digital commerce
The Company has received the tax demand along with a penalty of Rs 41,99,465 under the Uttar Pradesh GST Act, 2017
The company states that the claim made by the authority is not maintainable and there is no material impact on the financial, operation or other activities of the company due to the issuance of this order
The umbrella body states that tax collectors, focused solely on revenue generation with disregard for social impact, may be tempted to push more goods into higher tax slabs
The association has urged the Goods and Service (GST) Council to consider the broader economic implications and explore more balanced approaches to achieve higher collections