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Tata Sons' Rs 1,500 crore GST demand dismissed in Docomo settlement case

Business Standard LogoBusiness Standard6d ago

Tata Sons' Rs 1,500 crore GST demand dismissed in Docomo settlement case - Business Standard

Quick Summary:

The case originated in 2019, when the Directorate General of GST Intelligence (DGGI) imposed an 18 per cent GST on the $1.

NTT Docomo acquired a 26.5 per cent stake in Tata Teleservices in 2009.

Officials said the authority’s ruling was based on the company’s arguments.“The authority has taken Tata Sons’ position into account while delivering its decision,” an official was quoted as saying, adding that the order could influence other similar cases.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 09:58:19 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 628 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22648179

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Official Website: business-standard.com

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News Last Updated: 3 hours ago

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Publisher ID: #49

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