Legal7 Mar 2026, 02:01 pm
Go Digit General Insurance Ltd Receives GST Demand of Rs. 1,54,80,63,840/- and Penalty of Rs. 15,48,45,482/-
AI Summary
Go Digit General Insurance Ltd has received an order copy from the Office of the Commissioner of GST & Central Excise, Chennai South Commissionerate on 6th March, 2026 at 5:05 p.m. confirming GST demand of Rs. 1,54,80,63,840/-, levying penalty of Rs. 15,48,45,482/- and Interest under section 50 of CGST Act, 2017 for the period July 2017 to March 2022. The matter is primarily related to an industry-wide issue. The company is evaluating the legal advice on the implications of the said order and will pursue an appeal or evaluate any other appropriate actions against the order, including filing of writ petition.
Key Highlights
- Go Digit General Insurance Ltd received an order copy from the Office of the Commissioner of GST & Central Excise, Chennai South Commissionerate on 6th March, 2026 at 5:05 p.m.
- The order confirms GST demand of Rs. 1,54,80,63,840/-, levying penalty of Rs. 15,48,45,482/- and Interest under section 50 of CGST Act, 2017 for the period July 2017 to March 2022.
- The matter is primarily related to an industry-wide issue.
- The company is evaluating the legal advice on the implications of the said order.
- The company will pursue an appeal or evaluate any other appropriate actions against the order, including filing of writ petition.