New Delhi, Nov 17 (PTI) Bharti Airtel has said it does not agree with an order received under the Central Goods and Services Tax Act for levy of a penalty of Rs 26,393, and will seek its rectification and reversal.

The order pertains to the office of the Deputy Commissioner of Commercial Taxes, Bengaluru, and was received by the company on November 16, 2023, the company said in a BSE filing.

Also Read | Chhattisgarh Assembly Elections 2023 Phase 2: When Is Voting and Result? How To Vote, Check Name in Voter List? How To Find Polling Station? Know Everything Here.

"The order passed u/s 73 of Central Goods and Services Tax Act, 2017 levying penalty of Rs 26,393," it said.

The company further said it does not agree with the order and will take appropriate action for rectification or reversal of the same.

Also Read | Cyclone Midhili Update by IMD: Deep Depression Over Bay of Bengal Likely To Intensify Into Cyclonic Storm and Cause Heavy Rainfall in Tamil Nadu and Kerala.

The contravention relates to "alleged irregular input tax credit transitioning and mismatch in GSTR-3B vis-a-vis GSTR-2A filled for the financial year 2017-18".

The order has been passed with respect of Telesonic Networks, a subsidiary company, which has been merged with the company with effect from February 1, 2023.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)