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Orders have been issued by GST authorities against TVS Motor Company, involving substantial tax demands and penalties totaling approximately ₹4.45 crore for February and March 2021, alongside ₹0.45 crore in penalties. Additionally, for FY 2020-21, a demand of about ₹2.11 crore and a penalty of ₹0.21 crore have been imposed. The claims are based on discrepancies in GST returns. Fortunately, these orders are not expected to materially impact the company's financial position or operations, as TVS Motor plans to contest the orders at the appellate forum. Investors should maintain a watchful eye on this matter, considering potential implications.