Jubilant FoodWorks Ltd has received a GST demand notice for Rs 46.9 crore. The company stated it will challenge the GST department's notice. This notice alleges incorrect input tax credit reversal while filing GST returns. Jubilant FoodWorks believes the notice did not consider its submissions. The company is filing objections and expects the demand to be dropped.

Jubilant FoodWorks challenges a ₹46.9 crore GST demand notice, asserting no financial impact from the alleged ITC reversal error.

Jubilant FoodWorks Ltd has received a GST demand notice for Rs 46.9 crore. The company stated it will challenge the GST department's notice. This notice alleges incorrect input…