IndiGo faces Rs 117 cr penalty related to input tax credit; airline to challenge ruling
IndiGo on Tuesday said it has been slapped with a penalty of Rs 117.52 crore related to input tax credit and the airline will challenge the ruling.
The penalty has been imposed on the airline by Joint Commissioner of Central Tax and Central Excise, CGST Kochi Commissionerate, Kerala.
According to a regulatory filing, the fine is related to the period 2018-19 to 2021-22.
