Jubilant FoodWorks Gets ₹46.9 Crore GST Demand Notice, Company To Challenge Claim

Jubilant FoodWorks Gets ₹46.9 Crore GST Demand Notice, Company To Challenge Claim

Jubilant FoodWorks has received a GST show cause notice proposing a demand of Rs 46.9 crore over alleged incorrect reversal of Input Tax Credit while filing GST returns. The quick-service restaurant operator said it will challenge the notice, stating that the department did not consider its submissions and that the issue has no financial impact.

Source: The Free Press Journal
Read Full Story →