TVS Supply Chain Solutions Receives Tax Demand Order for FY 2021-22
TVS Supply Chain Solutions Limited (TVSSCS) has received an order from the Excise and Taxation Officer, Haryana State Tax Authority, concerning the financial year 2021-22. The order has been passed on...
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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 has received a tax demand order which includes penalties and interest, indicating a negative development.
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TVS Supply Chain Solutions Receives Tax Demand Order for FY 2021-22
December 19, 2025, 12:23 PM
TVS Supply Chain Solutions Limited (TVSSCS) has received an order from the Excise and Taxation Officer, Haryana State Tax Authority, concerning the financial year 2021-22. The order has been passed on the grounds of short payment of reverse charge liability and non-payment of interest on reversals made.
The specific violations cited include short payment of outward liability and availment of ineligible credit, amounting to ₹51,53,598 for tax, ₹40,40,819 for interest, and ₹5,15,360 for penalty. The company received this order on December 18, 2025.
TVSSCS has stated that this tax demand is not expected to have a material impact on its 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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