IndiGo Slapped with Nearly ₹59 Crore Penalty Linked to GST Amid Disruptions, Airline to Contest Order

IndiGo slapped with nearly ₹59 crore penalty linked to GST amid disruptions, airline to contest order

IndiGo faces a penalty of nearly ₹59 crore linked to GST for the financial year 2020-21. The airline plans to contest this order, claiming it is erroneous, while assuring that it will not significantly impact its financials or operations.

IndiGo faces penalty of Rs 59 crore in relation to GST, airline says it will contest order

Amid flight cancellation crisis, IndiGo on Friday faced another blow as the airline has been imposed with a penalty of nearly Rs 59 crore in relation to GST and the airline said it will contest the order, according to a regulatory filing on Friday. The Additional Commissioner of CGST, Delhi South Commissionerate, has imposed the penalty of Rs 58,74,99,439 on the airline for the financial year 2020-21. In a filing to the BSE, IndiGo said the depa…

IndiGo Challenges Hefty GST Penalty

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Financial Turbulence For IndiGo As Government Slaps Rs 58.75 Crore GST Penalty

While the airline has not disclosed the details behind the penalty, the notice is part of broader scrutiny of financial compliance in the aviation sector.

IndiGo receives tax penalty of Rs 58.75 crore amid ongoing crisis

New Delhi: Low-cost airline IndiGo, under intense government scrutiny after days of disruption that disrupted domestic air travel, has received a tax penalty notice of Rs 58.75 crore for the 2020-21 financial year by the additional commissioner of CGST, Delhi South Commissionerate, the airline said on Friday.  In an exchange filing, Interglobe Aviation Ltd, the parent firm of IndiGo, said it received the tax penalty order on Thursday (December 1…

IndiGo Slapped with ₹58.75 Crore Tax Penalty as DGCA Suspends Senior Safety Officials

IndiGo, India’s largest airline, has received a tax penalty notice of ₹58.75 crore from the Additional Commissioner of CGST, Delhi South Commissionerate, for the financial year 2020–21, the carrier said on Friday. The development adds to mounting troubles for the airline, which has been dealing with operational disruptions throughout December. Earlier in the day, the Directorate General of Civil Aviation (DGCA) suspended four senior Flight Opera…