IndiGo to Contest Penalties Over Input Tax Credit Dispute
AVIATION & AIRPORTS

IndiGo to Contest Penalties Over Input Tax Credit Dispute

IndiGo is set to contest penalties imposed on the airline related to disputes over input tax credit claims. The company argues that the penalties, which have been levied due to issues with tax credits, are unwarranted and plans to challenge them through legal avenues.

The dispute centres around input tax credits, which businesses can claim on the Goods and Services Tax (GST) for taxes paid on inputs. IndiGo maintains that it has complied with the relevant tax regulations and disputes the penalties that have been imposed.

The airline's move to challenge these penalties underscores its commitment to resolving the tax credit issues through the appropriate legal channels. IndiGo's legal team is preparing to address the matter in court, seeking to overturn the penalties and clarify the tax credit claims process.

This legal challenge is part of IndiGo?s broader strategy to ensure compliance with tax regulations while addressing any discrepancies in the tax credit claims. The outcome of this dispute could have implications for the airline?s financial operations and its handling of tax-related matters in the future.

IndiGo is set to contest penalties imposed on the airline related to disputes over input tax credit claims. The company argues that the penalties, which have been levied due to issues with tax credits, are unwarranted and plans to challenge them through legal avenues. The dispute centres around input tax credits, which businesses can claim on the Goods and Services Tax (GST) for taxes paid on inputs. IndiGo maintains that it has complied with the relevant tax regulations and disputes the penalties that have been imposed. The airline's move to challenge these penalties underscores its commitment to resolving the tax credit issues through the appropriate legal channels. IndiGo's legal team is preparing to address the matter in court, seeking to overturn the penalties and clarify the tax credit claims process. This legal challenge is part of IndiGo?s broader strategy to ensure compliance with tax regulations while addressing any discrepancies in the tax credit claims. The outcome of this dispute could have implications for the airline?s financial operations and its handling of tax-related matters in the future.

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000