Bharti Airtel to amend its GST returns

On Monday, the Delhi High Court listened to Bharti Airtel’s plea and allowed it to amend its Goods and Services Tax (GST) returns from July to September 2017. Bharti bharti airtelAirtel said that there was an extra-calculation of paying taxes due to its failure in filing a few invoices.

Airtel said that it paid an extra Rs 923 crore because of a defect in the GST filing system that can be refunded by applying for GST for these months.

Bharti Airtel’s plea heard by the Bench of Justice

Justice Sanjeev Narula and Justice Vipin Sanghi said that the GST department must verify the extra tax paid by Airtel and their revised returns within two weeks.

Due to some accidental errors, some transactions like stock transfer were reported. These transactions were held under the same GST registration in which stock transfer from one place of business to another took place.

Bharti Airtel to amend its GST returns

NEED A LOAN?

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.


Menu