TVS Supply Chain Solutions receives order from Central Tax Authority for FY18-19
TVS Supply Chain Solutions Limited has received an order from the Assistant Commissioner of Central Tax, Karnataka State, concerning the financial year 2018-19. The order pertains to grounds of short ...
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Why is TVS Supply Chain Solutions Limited in the news today?
TVS Supply Chain Solutions Limited (TVSSCS) is in the news due to the company received an order involving tax, interest, and penalty, which could be negative. however, the company stated it does not expect a material impact and plans to appeal, balancing the potential negative with a neutral outlook.
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TVS Supply Chain Solutions receives order from Central Tax Authority for FY18-19
December 31, 2025, 01:14 PM
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More Details on This News
TVS Supply Chain Solutions Limited has received an order from the Assistant Commissioner of Central Tax, Karnataka State, concerning the financial year 2018-19. The order pertains to grounds of short payment of Reverse Charge liability and availment of ineligible credit.
The company received this communication on December 30, 2025. The alleged violations include a tax demand of ₹78,65,059, interest of ₹3,51,574, and a penalty of ₹78,65,059.
TVS Supply Chain Solutions Limited has stated that this tax demand is not expected to have a material impact on the company's financials, operations, or other activities. The company intends to file an appropriate response and appeal the order before the authorities within the prescribed timelines.
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