Ve Commercial
Eicher Motors subsidiary VE Commercial Vehicles gets ₹192 cr GST notice
Eicher Motors Ltd on Tuesday said its subsidiary VE Commercial Vehicles Ltd has received a GST demand of Rs 192.36 crore, along with a penalty, in a matter related to delay in reporting credit notes for the financial year 2017-18 . In July this year VE Commercial Vehicles Ltd (VECV) received Show Cause Notice (SCN) from the Commissioner, CGST & Central Excise, Ujjain Commissionerate, Madhya Pradesh alleging contraventions of the provisions of CGST Act, 2017 pertaining to FY 2017-18 and involving GST amount of Rs 168.19 crore and equivalent amount of penalty, Eicher Motors said in a regulatory filing. After VECV had submitted a response to the SCN, the company received a demand order on December 29, 2025 confirming demand of Rs 96.18 crore in the matter as against Rs 168.19 crore mentioned earlier under the SCN and equivalent amount of penalty and applicable interest, it added. "Based on the assessment of this matter and advice of the counsel, VE Commercial Vehicles Ltd believes ..
 "Eicher Motors subsidiary VE Commercial Vehicles gets ₹192 cr GST notice")
VE Commercial Vehicles records14.43% sales rise in October
Exports of Eicher trucks and buses stood at 595 units in October as against 388 in the same month last year, up 53.35%.
 "VE Commercial Vehicles records14.43% sales rise in October")
VE Commercial Vehicles sales zoom 57% in February
Eicher-branded trucks and buses recorded total sales of 4,936 units in February, up 59.22%
 "VE Commercial Vehicles sales zoom 57% in February")