🚨 GST notices causing chaos and uncertainty across sectors. Find out why companies like LIC, HDFC Life, and Dabur are under the scanner. Is it time for a closer look? 🧐 Authorities must address apprehensions and concerns about the spate of GST notices. 📝

In recent weeks, the central and state GST authorities have issued demand notices to companies spanning a range of sectors — from consumer durables to smartphones, insurance, online gaming and service providers. 📢

As reported in the media, LIC has received one notice for Rs 290.5 crore in September. 💸 HDFC life insurance has received a notice for non-payment of GST to the tune of Rs 942 crore. 💰

FMCG major Dabur has received a notice of tax shortfall amounting to Rs 320 crore. 💼 Gaming major Delta Corp has received several notices which run into thousands of crores. 🎮

While it can be nobody’s case that tax authorities should not pursue legitimate demands, some of the issues raised over the nature of these notices warrant closer examination. ✅