General Announcement::Intimation

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFCBANK INR23B 8.1%N250322 - XS1794215696 - 8NPB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
26-Jun-2024 16:17:13
Status
New
Announcement Sub Title
Intimation
Announcement Reference
SG240626OTHRQH44
Submitted By (Co./ Ind. Name)
dhanjit Thaivalappil
Designation
Deputy Vice President
Description (Please provide a detailed description of the event in the box below)
It is hereby informed that, a penalty of Rs.0.004 crore has been imposed on the Bank by Superintendent of Central GST and Central Excise, Kerala for matter/s mentioned in the below table.


Sr. no Particulars Details
1. Name of the authority Superintendent of Central GST and Central Excise, Kerala
2. Period Involved F.Y. 2019-20
3. Nature and details of the action(s) taken, initiated or order(s) passed Alleged excess availment of input tax credit - Order passed under section 73(9) of CGST Act and KSGST Act.
4. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority. 25-06-2024
5. Details of the violation(s)/contravention(s) committed or alleged to be committed Alleged excess availment of input tax credit
6. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible Rs.0.03 crore (includes tax and penalty)

The Bank is evaluating appropriate legal remedy, including appeal, as per law.

This is for your information and appropriate dissemination.

Attachments

SGXForeignSEIntimation-gst order 26jun2024.pdf
Total size =569K