Customs Authority Issues Demand for GST and Penalty Against Container Corporation of India Ltd.
Container Corporation of India Limited received an order from the Commissioner of Customs & Central Tax, Appeals-II Commissionerate, Hyderabad, Telangana, detailing a demand for Goods and Services Tax (GST) along with a penalty and accrued interest. The directive was issued on April 7, 2026, and subsequently received by the company on April 13, 2026.The authority raised a demand totaling Rs.37,98,180 for GST, accompanied by an identical penalty amount of Rs.37,98,180, plus interest calculated at 18%. In total, the order mandates a demand of GST alongwith penalty amounting to Rs.75,96,360, plus 18% interest.The official order, received on...