Top firms get GST notices on credit claims; replies sought within hours

Hundreds of firms, including Google India, Hitachi, asked to respond by same evening

Goods and services tax (GST) officers sent notices to hundreds of companies across Gurugram, Mumbai and Bengaluru on Friday, demanding they reply with exhaustive lists of documents within hours. 

The notices sent to firms including Google India, Honeywell International, DLF City Centre, Panasonic, Hitachi Zochen, Yamaha Music India, Suzuki Motorcycles, leading banks and insurance companies, among others, pertain to transitional credit claimed for pre-GST stocks.

The notice, reviewed by Business Standard, said: “…Your organisation has been marked for preliminary verification…in order to ascertain the correctness of Transitional Cenvat Credit…you are requested to submit the documents on priority by today (Friday)