GST Department Drops Proceedings Against Urban Company Limited
Urban Company Limited (UCL) has confirmed that the Goods and Services Tax (GST) Department in Chennai has dropped proceedings initiated against the company, resulting in no tax demand, interest, or penalty.The resolution follows the company's response to a show cause notice (SCN) dated May 04, 2026, issued by the Commercial Tax Officer, Guindy, South-II, Chennai South, Tamil Nadu. UCL announced that it received an official Order dated May 28, 2026, confirming the dropping of proceedings initiated under Section 73 of the SGST Act, 2017.According to the department's order, the scrutiny cleared several alleged discrepancies. The department confirmed there was no short...