Zee Media Corporation Ltd

🚨 Zee Media Faces GST Notice Over ₹1.11 Crore Input Tax Credit Claim

- Zee Media received a GST demand notice on September 23, 2025, from Noida tax authorities.

- The notice alleges inadmissible Input Tax Credit (ITC) of ₹1,11,36,600 for FY 2019-20.

- The company must respond within 30 days to justify the claim or face penalties and interest.

- Zee Media is evaluating legal options, including an appeal.

- No immediate financial impact anticipated pending appeal outcome.