IndiGo Faces Rs 458 Cr GST Demand, Calls Order 'Erroneous' & Vows Legal Fight

• IndiGo received a GST demand of Rs 458 crore from CGST-Delhi South Commissionerate for FY 2018-19 to FY 2022-23.
• The demand includes GST, interest, and penalty related to compensation from a foreign supplier and denial of Input Tax Credit.
• IndiGo asserts the order is 'erroneous' and not in accordance with law, backed by external tax advisors.
• The airline plans to contest the demand legally and is already appealing a similar matter for FY 2017-18.
• A separate penalty of Rs 14.59 lakh from Lucknow for 2021-22 is also being challenged, with IndiGo stating no significant financial impact.

Why It Matters: IndiGo will legally challenge a Rs 458 crore GST demand, calling it erroneous, with no significant financial impact.