{"id":71270,"date":"2025-04-04T22:46:04","date_gmt":"2025-04-04T17:16:04","guid":{"rendered":""},"modified":"2025-04-04T22:46:04","modified_gmt":"2025-04-04T17:16:04","slug":"hc-grants-interim-stay-on-rs-2-500-crore-gst-demand-against-hindustan-coco-cola-beverages","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=71270","title":{"rendered":"HC grants interim stay on Rs 2,500 crore GST demand against Hindustan Coco-Cola Beverages"},"content":{"rendered":"<p>HC grants interim stay on Rs 2,500 crore GST demand against Hindustan Coco-Cola Beverages<BR>GST<BR>Dated:- 4-4-2025<BR>PTI<BR>Mumbai, Apr 4 (PTI) The Bombay High Court has granted an interim stay on a GST demand of approximately Rs 2,500 crore against Hindustan Coca-Cola Beverages Private Limited noting the revenue department&#39;s interpretation of the provisions appeared &#8220;prima facie incorrect&#8221;.<br \/>\nThe show cause notice was issued in January based on findings that the company undervalued goods over seven assessment years by offering retrospective discounts to distributors.<br \/>\nAs per the authorities, the discounts were structured in a way that reduced the taxable value of the supplies.<br \/>\nDistributors first extended discounts to retailers, and Coca<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=39825\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HC grants interim stay on Rs 2,500 crore GST demand against Hindustan Coco-Cola BeveragesGSTDated:- 4-4-2025PTIMumbai, Apr 4 (PTI) The Bombay High Court has granted an interim stay on a GST demand of approximately Rs 2,500 crore against Hindustan Coca-Col<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-71270","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/71270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71270"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/71270\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}