InterGlobe Aviation faces ₹458 crore GST demand; company plans legal challenge

InterGlobe Aviation has received an order from the GST Department, Delhi South, raising a GST demand of ₹458.26 crore, including interest and penalty. The demand relates to compensation received from a foreign supplier and the denial of input tax credit for the period FY 2018–19 to FY 2022–23. The company has stated that it strongly believes the order is incorrect and not in line with GST law, based on opinions from external tax advisors, and is expected to pursue appropriate legal remedies. This development keeps the stock in focus, though it is currently a disputed tax matter and not a confirmed liability.