Eureka Forbes receives ₹273 crore GST show-cause notice from Uttar Pradesh tax authority - CNBC TV18

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WHAT HAPPENED

Eureka Forbes has received a show cause notice from the Uttar Pradesh Goods and Services Tax authority alleging a tax liability of ₹149.21 crore, along with ₹109.27 crore in interest and ₹14.92 crore in penalty, taking the total proposed demand to ₹273.40 crore. The company said it considers the notice unsustainable and intends to contest it within the prescribed timelines.

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