In continuation of its letter dated 16th February, 2024 regarding receipt of a Show Cause Notice from the Office of the Department of Trade and Taxes Government of NCT of Delhi, Sales tax/ AVATO Jurisdiction Ward-2, Zone-2 Delhi for imposed penalty in accordance under Section 122 (3)(e) of the CGST/ DGST Act, 2017 for failing to issue E-invoices. Jtekt India has informed that the said notice was duly replied by the Company and on 19th March, 2024 the Company has received an order of satisfactory acceptance of reply from the Authority wherein proceedings initiated under section 122, are dropped.
The above information is a part of company’s filings submitted to BSE.