JAMMU & KASHMIR BANK LTD. Received gst demand of 8130.6 Cr (81,30,66,42,768/) Demand notice pertains to the period 08.07.2017 to 31.03.2020 for transfers under the Banks Transfer Price Mechanism (TPM). In a bank, the common resource - funds or liquidity is shared by all the business units. Therefore the most important function of TPM is to provide a basis for the exchange of funds between different business units of a bank. TPM is an internal allocation and measurement mechanism for determining the pricing of incremental loans/investments/deposits and for determining the profit contribution of various lending and borrowing units of a bank. It is critical component of the profitability measurement process, as it allocates the major component of profitability in a bank, Net Interest Margin (NIM). It’s a management decision tool and is useful means to identify the areas of strength and weaknesses within the bank.