Ennore Coal Terminal Private Limited (ECTPL), a subsidiary of JSW Infrastructure, has received a Show Cause Notice (SCN) from GST authorities concerning alleged contraventions of GST regulations from April 2019 to March 2024. The notice alleges potential GST dues of ₹96.58 Crore. JSW Infrastructure believes it has strong legal grounds and intends to contest the notice.
Show Cause Notice Details
Ennore Coal Terminal Private Limited (ECTPL), a subsidiary of JSW Infrastructure, has been served a Show Cause Notice (SCN) by the Joint Commissioner, Office of The Commissioner Of GST and Central Excise, Audit – II Commissionerate, Chennai, Tamil Nadu. The notice concerns alleged non-compliance with Central Goods and Services Tax Act, 2017 and Tamil Nadu Goods and Services Tax Act, 2017.
Period of Alleged Contravention
The alleged contraventions pertain to the period from April 2019 to March 2024. The GST authorities are alleging certain discrepancies related to tax payments during this period.
Financial Implications and Company Response
The Show Cause Notice indicates that ECTPL is required to demonstrate why GST amounting to ₹96.58 Crore, along with applicable interest and penalties, should not be demanded. JSW Infrastructure maintains that there will be no material impact on its financial, operational, or other activities. The company believes it has strong legal and factual grounds to contest the SCN and will take necessary steps to address the matter.
Source: BSE
