Go Digit General Insurance has received a Show Cause Notice from the GST Authority, indicating a total demand of ₹ 11,65,75,990. The notice, received on September 25, 2025, includes potential interest and penalties. The company plans to file a detailed response justifying its tax position and is taking steps to address the matter.
Notice Details
Go Digit General Insurance announced that it has received a Show Cause Notice (SCN) on September 25, 2025, from the Directorate General of GST Intelligence, Mumbai Zonal Unit.
Financial Implications
The GST Authority has raised a total demand of ₹ 11,65,75,990, which includes potential interest and penalties. Go Digit General Insurance is preparing a detailed response with facts, figures, and justifications to address the concerns raised by the GST Authority.
Company Response
Go Digit General Insurance is committed to addressing the SCN and substantiating its tax position. The company is in the process of preparing a detailed response to be submitted within the prescribed timelines. At this time, there is no immediate impact on the financial operations or other activities of the company.
Claim Status
The claim amount is under contention. The company will present its position to the GST Authority.
Source: BSE
