IndiGo faces Rs 458 crore GST penalty; airline to contest ruling
New Delhi (PTI): The country's largest airline IndiGo on Tuesday said authorities have slapped a GST penalty of over Rs 458 crore, and that it would contest the decision.
The Additional Commissioner of CGST- Delhi South Commissionerate has slapped the penalty. It pertains to the assessment order under Section 74 of the Central Goods and Services Tax Act, 2017, for FY-2018-19 to FY 2022-23, according to a regulatory filing.
The total GST penalty is Rs 458,26,16,980.
"GST department has passed an order imposing GST demand along with interest and penalty on compensation received from foreign supplier and denial of Input Tax credit. The company strongly believes that the order passed by the GST department is erroneous and not in accordance with law, backed by advice from external tax advisors.
"Accordingly, the company will contest the same and shall take appropriate legal remedies against the aforesaid order. The company is already in appeal before the Commissioner (Appeals) in a similar matter for FY 2017-18," the filing said on Tuesday.
Further, IndiGo said that since it will contest the order, the order does not have any significant impact on financials, operations or other activities of the company.
Separately, the Office of the Joint Commissioner, Lucknow, has imposed a penalty of Rs 14,59,527 on IndiGo for the period 2021-22.
"The department has denied input tax credit availed and has raised a demand along with interest and penalty on the company. The company believes that the order passed by the authorities is erroneous. Further, the company believes that it has a strong case on merits, backed by advice from external tax advisors," InterGlobe Aviation, the parent of IndiGo, said in another regulatory filing.
According to the company, it will contest the order before the appropriate authority, and there is no significant impact on its financials, operations or other activities.
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Tension during Shivaji Jayanti procession in Karnataka's Bagalkote, prohibitory orders imposed
Bagalkote (Karnataka) (PTI): Tension prevailed briefly during a Shivaji Jayanti procession here after stones were allegedly hurled at the rally, officials said on Friday.
The incident occurred on Thursday in the old city when the procession, which began around 3:30 pm, was passing through the mosque area, they said.
Superintendent of Police Siddharth Goyal said adequate forces were deployed for the procession.
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"We were all present at the spot. The procession began around 3:30 PM (yesterday), As it approached the mosque, two stones were thrown from a distance toward us,” he said.
According to the SP, based on preliminary information and videos reviewed by the police so far, one stone struck a police constable while the other fell on his shoulder.
“No one sustained any major injuries. After that, the procession continued smoothly, and the atmosphere remained peaceful,” Goyal said.
Police said adequate security arrangements have been made in view of the procession and the situation remained under control.
"The area where the incident occurred has been covered with CCTV cameras. We had also recorded the procession. We are reviewing the video footages. Strict action will be taken against those involved in this," he added.
Meanwhile, prohibitory orders under Section 163 of the Bharatiya Nyaya Sanhita have been imposed in parts of Bagalkote from midnight of February 19 to midnight of February 24.
According to officials, under the restrictions, assembly of more than four people in public places has been prohibited. Carrying dangerous weapons, engaging in activities that may endanger public safety, and organising meetings, ceremonies or sit-ins without prior permission have also been barred.
Measures were taken to maintain law and order in the affected areas.
