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JTEKT India Limited ( (IN:JTEKTINDIA) ) just unveiled an update.
JTEKT India Limited has disclosed that it received a Show Cause Notice in Form GST DRC-01 from the Office of the Commissioner of CGST Audit, Gurugram, on March 18, 2026. The notice demands interest of Rs 2,00,33,663 on GST related to debit notes issued during financial years 2020-21 to 2023-24 under Section 74(1) of the CGST Act, 2017.
The company stated that it is in the process of filing a reply to contest the demand and currently does not foresee any impact on its financials, operations, or other activities. The disclosure has been made under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, keeping investors informed of the ongoing tax proceedings.
More about JTEKT India Limited
JTEKT India Limited operates in the automotive components industry, supplying steering systems and related products to vehicle manufacturers. The company serves both domestic and international markets from its facilities in Gurugram and maintains its registered office in New Delhi, positioning itself as part of the broader auto parts supply chain.
Average Trading Volume: 9,942
Technical Sentiment Signal: Sell
Current Market Cap: 36.19B INR
See more insights into JTEKTINDIA stock on TipRanks’ Stock Analysis page.