SBI Life Insurance has received an order pertaining to a GST audit for the financial year 2021-2022. The order, received on December 27, 2025, at 5:29 PM, involves a tax demand along with interest and penalties, totaling ₹8,23,334. The company intends to file an appeal against the order before the appropriate authority.
GST Order Received
SBI Life Insurance has received a GST order following an audit. The details of the order involve discrepancies related to input tax credit claims for the financial year 2021-2022.
Financial Implications
The order specifies a total amount payable of ₹8,23,334, which includes:
* Tax Amount: ₹4,64,334
* Interest: ₹3,12,566
* Penalty: ₹46,434
Company Response
The company plans to appeal the received order before the appropriate authority, contesting the demand. The announcement was made on December 28, 2025.
Source: BSE
