<p>Kolkata: Footwear major Bata India has received a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday.</p>.<p> The notice dated December 27, 2023, pertains to several issues raised in a final audit report on December 25, for the 2018-19 financial year, according to the filing.</p>.Zomato gets Rs 401.7 crore GST liability notice.<p> The issues raised include differences in turnover on outward supplies in the monthly GST returns, differences in tax on outward supplies in the GSTR-9 & GSTR-9C returns, excess Input Tax Credit (ITC) availed, and ITC Reversal on credit note.</p>.<p> The company said it initially received an audit notice on April 27, 2023, and submitted relevant documents in response.</p>.<p> Bata India was given a personal hearing on January 10, 2024, to present its case and provide further information on the disputed issues, as per the filing.</p>.<p> The company expressed confidence in its ability to defend the case before the authorities concerned.</p>.<p> 'It is believed that the company has a good case to defend the matters without any material financial impact,' Bata India said. </p>
<p>Kolkata: Footwear major Bata India has received a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday.</p>.<p> The notice dated December 27, 2023, pertains to several issues raised in a final audit report on December 25, for the 2018-19 financial year, according to the filing.</p>.Zomato gets Rs 401.7 crore GST liability notice.<p> The issues raised include differences in turnover on outward supplies in the monthly GST returns, differences in tax on outward supplies in the GSTR-9 & GSTR-9C returns, excess Input Tax Credit (ITC) availed, and ITC Reversal on credit note.</p>.<p> The company said it initially received an audit notice on April 27, 2023, and submitted relevant documents in response.</p>.<p> Bata India was given a personal hearing on January 10, 2024, to present its case and provide further information on the disputed issues, as per the filing.</p>.<p> The company expressed confidence in its ability to defend the case before the authorities concerned.</p>.<p> 'It is believed that the company has a good case to defend the matters without any material financial impact,' Bata India said. </p>