On August 20, Larsen & Toubro announced that the Bombay High Court has overturned a Rs 2,237-crore GST demand against the company.
The company had filed a writ petition with the Bombay High Court challenging a show cause notice issued by the Principal Commissioner of GST and Service Tax, Mumbai. The notice was related to a service tax demand of Rs 2,237 crore concerning transactions handled by an erstwhile subsidiary after the company’s demerger, for which the tax had already been paid.
