In terms of Regulation 30 and Schedule III to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, Hyundai Motor India has informed that the company has received show cause notice from Maharashtra State Tax Authority alleging ‘Excess ITC claimed in GSTR 3B/9 which is not confirmed in GSTR 2B/8A of GSTR 9 & RCM tax paid by the company’. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular dated July 13, 2023 is enclosed as an Annexure-A.
The above information is a part of company’s filings submitted to BSE.
