ICICI Prudential Life Insurance Company has received an order regarding Goods and Services Tax (GST) for the financial year 2019. The total financial implication is ₹13,534,326, which includes GST, interest, and penalty. The company plans to file an appeal against the order.
GST Order Details
ICICI Prudential Life Insurance Company has received an order related to GST. The order was issued by the Deputy Commissioner of State Tax, Rajasthan, on December 26, 2025, at 11:31 a.m. The company intends to appeal the order within the stipulated timeframe.
Financial Implications
The order pertains to the reversal of input tax credit. The financial impact breaks down as follows:
- GST: ₹4,113,777
- Interest: ₹5,306,772
- Penalty: ₹4,113,777
- Total: ₹13,534,326
The company will file an appeal against the order with the appropriate authority.
Source: BSE
