JTEkt India Ltd. Receives Show Cause Notice Regarding GST Interest Demand
JTEkt India Limited announced today that it received a Show Cause Notice from the Office of the Commissioner of CGST Audit-Gurugram. The notice, dated March 18, 2026, concerns a demand for interest totaling Rs. 2,00,33,663/- on Goods and Services Tax (GST).The notice, issued under Section 74 (1) of the CGST Act, 2017, relates to interest charges on debit notes issued between fiscal years 2020-21 and 2023-24.
According to JTEkt India Limited, the notice will not impact the company's financial, operational, or other activities, as a response is being prepared.
Details of the Show Cause Notice
The following table summarizes the details of the notice:
| Detail | Information |
|---|---|
| Authority | Office of the Commissioner of CGST Audit- Gurugram, Plot No. 24, Mudit Square, Sector 32, Gurugram-122002, Haryana |
| Nature of Action | Show Cause Notice (Form GST DRC-01) demanding interest |
| Amount Demanded | Rs. 2,00,33,663/- |
| Date of Notice | March 18, 2026 |
| Reason for Notice | Interest on debit notes issued between FY 2020-21 and FY 2023-24 |
| Impact on Company | No material impact anticipated |
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