Voltas Gets ₹2.65 Billion GST Show Cause Notice Over Past Dues Of Merged Unit

Voltas Ltd. on Wednesday said it has received a show cause notice from the GST Commissionerate in Dehradun, seeking to recover ₹2.65 billion in tax, along with interest and penalties, for alleged short payment of GST by its merged entity Universal Comfort Products Ltd. between 2018-19 and 2020-21.

Voltas said it received the notice on Tuesday and will respond within the prescribed timeline.

Universal Comfort Products was merged into Voltas in 202-21.