02-Oct-2026 12:15:18

ZF COMMERCIAL VEHICLE CONTROLS SYSTEMS INDIA LIMITED : WINS FAVOURABLE TAX ORDER WORTH RS 1.79 CR

• Order from the Hon'ble Commissioner (Appeals) allows the company's appeal, setting aside the demand of ₹1.79 Cr (~₹1,79,04,715) IGST and penalty of ₹17.90 L (~₹17,90,472). • The demand was raised due to alleged mismatch in Input Tax Credit (ITC) between monthly and annual GST returns. • The company demonstrated no excess ITC availment with documentary evidence. • The order pertains to the Financial Year (FY) 2020-21. • No material impact on the company's financial position, operations, or other activities is expected.

ZF Commercial Vehicle Control Systems India Ltd

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