Go Digit Faces ₹20.51 Cr GST Demand

Go Digit General Insurance Ltd has received a Show Cause Notice (SCN) from the Directorate General of GST Intelligence, raising a demand of ₹20,51,00,281 under Section 74(1) of the Central Goods and Services Tax Act, 2017. The SCN alleges ineligible availment of input tax credit during September 2022 to March 2024. The company is evaluating the SCN and will file a reply with the adjudicating authority, pursuing all available legal remedies. There is no immediate financial impact at this stage.