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![mupdatesbyscanx Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1926935883384553472.png) Market Updates by ScanX [@mupdatesbyscanx](/creator/twitter/mupdatesbyscanx) on x XXX followers
Created: 2025-07-22 12:41:53 UTC

Hyundai Motor India (HYUNDAI)
on NSE: 2114.90 (-0.86%)

Hyundai Motor India Faces ₹5.18 Billion Tax Demand and Penalty

View: Neutral

Hyundai Motor India received a tax demand order of ₹2.59 billion plus an equal penalty, totaling ₹5.18 billion, from the CGST Department in Tamil Nadu. The demand relates to alleged short payment of GST Compensation Cess on certain SUV models from September 2017 to March 2020. Hyundai states this will not impact its financial performance or operations and plans to review the order and potentially file an appeal.

Read more:

#Stocks #Market #HYUNDAI

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XX engagements

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**Related Topics**
[gst](/topic/gst)
[tax bracket](/topic/tax-bracket)
[india](/topic/india)
[hyundai](/topic/hyundai)

[Post Link](https://x.com/mupdatesbyscanx/status/1947638228099481920)

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mupdatesbyscanx Avatar Market Updates by ScanX @mupdatesbyscanx on x XXX followers Created: 2025-07-22 12:41:53 UTC

Hyundai Motor India (HYUNDAI) on NSE: 2114.90 (-0.86%)

Hyundai Motor India Faces ₹5.18 Billion Tax Demand and Penalty

View: Neutral

Hyundai Motor India received a tax demand order of ₹2.59 billion plus an equal penalty, totaling ₹5.18 billion, from the CGST Department in Tamil Nadu. The demand relates to alleged short payment of GST Compensation Cess on certain SUV models from September 2017 to March 2020. Hyundai states this will not impact its financial performance or operations and plans to review the order and potentially file an appeal.

Read more:

#Stocks #Market #HYUNDAI

XX engagements

Engagements Line Chart

Related Topics gst tax bracket india hyundai

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