Legal31 Mar 2026, 06:24 pm
ICICI Prudential Life Insurance Company Ltd Receives Partially Favorable Order in GST Tax Dispute for FY2019
AI Summary
ICICI Prudential Life Insurance Company Ltd has received an order from the Joint Commissioner of State Tax, Appeals, Maharashtra, regarding a tax demand for FY2019. The order is partially in favor of the company and partially upholding the tax demand. The total amount due, including GST, interest, and penalty, is ₹ 2,407,776,714/-. The company will file an appeal against the order before the appropriate authority.
Key Highlights
- ICICI Prudential Life Insurance Company Ltd has received an order from the Joint Commissioner of State Tax, Appeals, Maharashtra, regarding a tax demand for FY2019.
- The order is partially in favor of the company and partially upholding the tax demand.
- The total amount due, including GST, interest, and penalty, is ₹ 2,407,776,714/-.
- The company will file an appeal against the order before the appropriate authority.