HSN Dispute: GST Department Issues Demand to UNO Minda Limited:

UNO Minda Limited received a GST demand from the Commissioner of GST & Central Excise for alleged HSN misclassification.
UNO Minda Ltd Faces GST Demand Over HSN Classification Issue

HSN Dispute: GST Department Issues Demand to UNO Minda Limited
UNO Minda Limited, a premier global manufacturer and supplier of proprietary automotive solutions to OEMs, recently issued a disclosure to NSE Ltd and BSE Ltd regarding receipt of tax demands.
Background of the case
The company stated that it has received a demand order from the Office of the Commissioner of Goods and Services Tax and Central Excise regarding HSN misclassification. For the period from November 15, 2017, to March 2020, the company has been directed to pay a tax amounting to Rs 42,37,98,584, along with applicable interest and a penalty of Rs 4,23,79,859. Additionally, for the period from April 2020 to October 2023, the company has been asked to pay a tax of Rs. 83,81,25,560, along with applicable interest and a penalty of Rs. 8,38,12,557.
Details of the case
Financial Impact
The company stated that it does not have any material impact on its financial, operational, or other activities.
The Company's Further Step
The company will take further appropriate steps against the demand order based on the facts of the case.
Disclosure
The above disclosure is made by the company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR").
| Particulars | Details |
| Name of the Authority | Office of the Commissioner of Goods and Services Tax and Central Excise, Salem, Tamil Nadu. |
| Date of receipt of order | March 11, 2026 (9:00 A.M. IST) |
| Details of the violation | HSN Misclassification |
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
2065My Recent Articles
- ITAT Condones 216-Day Delay in Income Tax Appeal, Remands Case to CIT(A) for Fresh Hearing on Merits
- ITAT Gives Taxpayer Another Chance, Orders Fresh Assessment After Condoning Delay
- ITAT Remands Section 80G Approval Application to CIT (Exemptions) for Fresh Consideration in Light of CBDT Circular on Delay Condonation
- ITAT Sets Aside Ex-Parte CIT(A) Order Over Alleged Wrong Email Notice, Directs Fresh Hearing After Service at Registered Email Address
- Bihar Vigilance Bureau Arrests Two PHC Employees in Rs 8,600 Bribery Case
Up Next
Loading suggestions…








