Go Digit faces ₹155 Cr GST demand, ₹15 Cr penalty from Chennai tax authority

• Go Digit General Insurance Ltd received an order confirming a GST demand of ₹154.80 crore and a ₹15.48 crore penalty.
• The order from the Office of the Commissioner of GST & Central Excise, Chennai South Commissionerate, covers July 2017 to March 2022.
• This is a re-adjudication after the Bombay High Court set aside an earlier demand and directed reconsideration.
• The issue involves alleged non-payment of GST on co-insurance premiums and re-insurance commission, which Go Digit calls an industry-wide issue.
• Go Digit is evaluating legal options, including an appeal or writ petition, stating no immediate impact from the order.