InterGlobe Aviation Limited received a penalty of ₹ 113,02,36,194/- on February 4, 2025, according to the Company’s exchange filing.
The Department has levied GST on services provided to offshore recipients and held that it is not an export of services, and denied Input Tax Credit on certain services for FY 2017-18.
The Company is likely to challenge the order before an appropriate authority.”The Company is in the process of contesting this Order before the appropriate appellate authority,” said InterGlobe Aviation in the regulatory filing.
The Company has also received a penalty of ₹ 2,84,54,640/- for denial of input tax credit due to mismatch for FY 2017-18 to FY 2019-20.