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    Home»News»Maruti Suzuki accused of evasion of customs duty, company receives notice
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    Maruti Suzuki accused of evasion of customs duty, company receives notice

    The ChhattisgarhBy The ChhattisgarhOctober 10, 20232 Mins Read
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    The country’s largest car maker Maruti Suzuki has been accused of evasion of customs duty. The Customs Department has given a show cause notice to the company for this. The Customs Department has accused Maruti Suzuki of evading customs duty worth more than Rs 16 lakh. The company has informed in a regulatory filing about receiving a show cause notice from the Customs Department. Maruti says that it will file a reply to this notice. The company is accused of unfairly obtaining BCD concession on the basis of using imported goods from foreign suppliers. Maruti says that this show cause notice will not have any impact on its functioning. Earlier, apart from a notice from the Income Tax Department, the company had also received a show cause notice regarding GST. The Goods and Services Tax (GST) authority had issued a show cause notice to the company demanding outstanding tax of Rs 193.3 crore. Last month, Maruti had its highest monthly sales in a month. The company has sold more than 1.81 lakh units in September. This is an increase of three percent compared to the same period last year. The demand for the company’s SUVs and other utility vehicles has increased rapidly. Maruti’s Grand Vitara and Brezza are getting good response from customers. The company’s sales in this segment have increased by more than 80 percent. Maruti has the first position in the SUV segment. Its models like Fronx and Jimny also have strong demand. Last month the company’s sales stood at 1,81,343 units. Out of this, more than 1.50 lakh units have been sold in the country. This is an increase of two percent compared to September last year. In the first six months of the current financial year, Maruti’s sales in the country have crossed 10 lakh units. This is the first time that Maruti has crossed the sales mark of 10 lakh units in six months of a financial year. Apart from SUVs, the company also sells MPVs like Ertiga, XL6 and Invicto in the utility vehicle segment. Its sales in this segment have increased by about 82 percent compared to the same period last year. The company has sold 59,271 units in the utility vehicles segment. For this, Brezza and Grand Vitara have been the best selling models in this segment.

    automobile customs demand( t)fronx gst imported manufacturing market maruti suzuki notice regulator sales suv tax
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