IndiGo Slapped With Rs 13 Lakh GST Penalty; Company Vows to Contest

• IndiGo faces a penalty of Rs 13,28,255 related to Goods and Services Tax (GST).
• The penalty was imposed by the Assistant Commissioner of State Tax, Excise and Taxation Department, Punjab.
• The fine pertains to the financial year 2021-22.
• InterGlobe Aviation, IndiGo's parent company, states the order is erroneous and will be contested.
• The company believes there will be no significant impact on its financials or operations.

Why It Matters: IndiGo to contest Rs 13 lakh GST penalty, citing no significant financial impact.