Urban Company Gets INR 56 Cr GST Demand, Penalty Notice

by · Inc42

SUMMARY

  • GST officials took the view that the startup’s services such as appliance repair and painting also came under Section 9(5) of the CGST Act, and would have to be taxed accordingly
  • Urban Company, which plans to appeal the order, also claimed that the demand notice would have no impact on the financial or operational activities of the company.
  • Besides this, the company is also facing at least three other demand notices totalling INR 51.3 Cr from GST departments of Haryana, Maharashtra and Tamil Nadu