YES Bank Receives Significant GST Tax Demand from Maharashtra Authorities
YES Bank, a prominent private sector lender in India, has received a formal tax demand notice from the Maharashtra Goods and Services Tax (GST) department. The order, issued by the Commissioner (Appeals) under Section 107(11) of the Central Goods and Services Tax (CGST) Act, was officially received by the bank on June 5, 2024. Regulatory…