InterGlobe Aviation, the parent company of IndiGo, has received a demand order related to a denied input tax credit (ITC) from the Joint Commissioner of Central Tax and Central Excise, CGST Kochi Commissionerate, State: Kerala. The order, dated December 1, 2025, pertains to a penalty of INR 117,52,86,402 for the financial years 2018-19 to 2021-22. The company intends to contest the order.
Demand Order Details
InterGlobe Aviation has been issued a demand order by the Joint Commissioner of Central Tax and Central Excise, CGST Kochi Commissionerate, State: Kerala. The order relates to the denial of input tax credit (ITC). The communication regarding this order was received on December 1, 2025.
Financial Implications
The demand order includes a penalty amounting to INR 117,52,86,402. This pertains to the financial years spanning from FY 2018-19 to 2021-22.
Company Response
InterGlobe Aviation believes that the order passed by the authorities is erroneous. The company is preparing to contest the order before the appropriate authority and is confident in its position, supported by advice from external tax advisors. The company does not foresee any significant impact on its financials or operations as a result of this matter.
Source: BSE