<h1>ZF Commercial Vehicle Control Systems India Receives Show Cause Notice Over GST Audit</h1>
ZF Commercial Vehicle Control Systems India Limited has received a Show Cause notice from The Additional Commissioner GST & Central Excise, Audit-I Commissionerate, Chennai, related to an audit conducted under Section 65 of CGST Act, 2017. The communication was received on August 11, 2026.
The Show Cause Notice proposes a demand of INR 27,99,29,495. This demand is primarily related to the alleged excess availment of Input Tax Credit (ITC) as reflected in Table 8(D) of GSTR-9, as well as matters concerning ineligible ITC and excess availment of ITC on import compared to GSTR-2B, including ineligible ITC on import due to time limitation.
The audit period covered by the notice spans from April 2020 to March 2024. The Show Cause Notice further proposes to levy a penalty under Section 74 of the CGST Act.
Regarding the implications, the company stated that there is no material impact of the communication on its financial, operations, or other activities. ZF Commercial Vehicle Control Systems India Limited is currently in the process of filing a detailed response to the Show Cause Notice.
Key details regarding the regulatory matter are summarized below:
| Particular | Details |
|---|---|
| Company | ZF Commercial Vehicle Control Systems India Limited |
| Communication Type | Show Cause notice dated August 11, 2026 |
| Issuing Authority | The Additional Commissioner GST & Central Excise, Audit-I Commissionerate, Chennai |
| Audit Period | April 2020 to March 2024 |
| Proposed Demand | INR 27,99,29,495 |
| Basis of Allegation | Excess availment and ineligible ITC related to GSTR-9 and import transactions |
| Company Action Taken | Filing a detailed response |
ZFCVINDIA Stock Price Movement
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