Go Digit General Insurance has received a show cause notice from the GST Authority demanding ₹14,99,37,548. The notice, dated September 22, 2025, alleges non-compliance with GST regulations. The company intends to file a detailed response, substantiating its tax position. This notice does not have an immediate impact on the company’s financial operations.
GST Authority Notice
Go Digit General Insurance has received a Demand cum Show Cause Notice (“SCN”) from the GST Authority on September 23, 2025. The notice was issued by the Office of the Commissioner, CGST Audit-I, New Delhi.
Financial Implications
The GST Authority has raised a demand of ₹14,99,37,548, along with applicable interest and penalties. The company is preparing to file a detailed response to the SCN, providing facts, figures, and justifications to support its tax position. The company is working within the prescribed timelines to address the notice and provide all required evidences.
Company Stance
Go Digit General Insurance is currently contesting the claims specified in the SCN. There is no immediate impact on the company’s financials, operations, or other activities. The potential penalty could be up to 25% of the GST amount. The Company will defend its position and provide the required substantiation.
Source: BSE