"As per the show cause notice, DGGI claims that its investigation found calculation errors made by Amazon India. Amazon India initially had paid higher GST but rather than claiming refund, the company took wrong input tax credit (ITC) to settle the excess GST paid," sources privy to the developments told CNBC-TV18.How to protect and exponentially Grow your investment portfolio during economic boom or bust, How learn stock market, How to earn money in stock market,earn money from home .
DGGI sends show cause notice to Amazon India, raises demand of Rs 175 crore
"As per the show cause notice, DGGI claims that its investigation found calculation errors made by Amazon India. Amazon India initially had paid higher GST but rather than claiming refund, the company took wrong input tax credit (ITC) to settle the excess GST paid," sources privy to the developments told CNBC-TV18.
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