InterGlobe Aviation Limited has disclosed receipt of an order from the Additional Commissioner, CGST Gurugram, imposing a GST demand along with interest and penalty amounting to INR 42.92 crore. The company contends the order relates to services allegedly not received or paid for, believing the assessment is erroneous and contrary to law. IndiGo confirms it will contest the order vigorously through appropriate legal remedies, anticipating no significant immediate financial or operational impact.
GST Order Received by IndiGo
InterGlobe Aviation Limited has formally informed the stock exchanges regarding an order received from the tax authorities concerning Goods and Services Tax (GST) proceedings. The communication was dated and received on March 25, 2026, from the Additional Commissioner, CGST Gurugram Commissionerate.
Details of the Imposition
The authority has issued an order imposing a significant demand, which includes associated interest and penalties. The total financial implication identified in the penalty clause amounts to Penalty of INR 42,92,24,671/-. This demand pertains to the assessment period covering the financial years from FY 2019-20 to FY 2024-25. The core issue involves a GST demand along with interest and penalty on services not received and paid by the Company.
Company Stance and Action Plan
The management asserts that the order passed by the department is erroneous, as it relates to services the Company did not receive or pay for. This view is strongly supported by external tax advisors. Consequently, the Company has declared its intention to contest the order and will employ all appropriate legal remedies against the directive.
Financial Outlook
Despite the substantial penalty amount stated in the order, the management has assessed that there will be no significant impact on financials, operations or other activities of the Company as a result of this communication at this stage, given the intent to challenge the order.
Source: BSE
