IndiGo gets ₹117.5 crore penalty order from CGST
IndiGo parent InterGlobe Aviation on Tuesday said that it received a penalty order of ₹117.52 crore from the Joint Commissioner of Central Tax and Central Excise, CGST Kochi Commissionerate.
The order relates to the denial of input tax credit for FY19 and FY22 and was communicated to the company on December 1.
The airline said it will contest the demand order that the tax department has issued along with the penalty after disallowing input tax credit (ITC) availed during the period under review.
