- Maruti Suzuki India has asked the central government to create an amnesty or “as-is” settlement scheme for old indirect tax disputes.
- The request is aimed at resolving multi-crore GST demands raised by Gujarat and Haryana authorities against the company and its subsidiary.
- The auto industry says such a mechanism would help clear legacy litigation and reduce procedural burdens.
- It could also free up locked-up capital and help settle accumulated input tax credit issues.
Source: a2ztaxcorp.net
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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