VE Commercial Vehicles gets Rs 192.36 cr demand from GST authority

Eicher Motors subsidiary VE Commercial Vehicles Ltd faces a GST demand of Rs 192.36 crore. This includes a penalty related to delayed reporting of credit notes for the financial year 2017-18. The company received a demand order confirming Rs 96.18 crore. VE Commercial Vehicles Ltd believes the order lacks merit and will file an appeal.