Dynamic Cables Limited Receives Favorable Order on GST Demand for Financial Year 2018-19
Dynamic Cables Limited has received a favorable order from the Office of the Commissioner (Appeals), CGST, Jaipur, concerning a demand related to non-payment of Goods and Services Tax (GST) under the Reverse Charge Mechanism (RCM). The ruling dropped the demand of Rs. 3,28,030 for the financial year 2018-19.The company had previously filed an appeal against an order issued by the Superintendent, Central Goods and Services Tax, Range-II, Division-A, Jaipur. This appellate decision, arrived at under Section 107(11) of the CGST Act, 2017, cleared the demand in favor of Dynamic Cables Limited.The original dispute related to the non-payment of GST...