Hyundai Motor India Limited — Others, 22-07-2025: Action(s) taken or orders passed
22-07-2025 | 05:09 pm
22-07-2025 | 05:09 pm
Hyundai Motor India has received an order from the CGST Department (Appeals) confirming a GST Compensation Cess demand of Rs. 258.67 Cr and an equal penalty of Rs. 258.67 Cr. This relates to an alleged short payment of GST Compensation Cess on certain SUV models between September 2017 and March 2020. The company states this order has no impact on its financial or operational activities. Hyundai Motor India is currently reviewing the order and intends to appeal the decision.
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