IndiGo slapped with Rs 458 crore GST penalty; to appeal

NEW DELHI: A GST penalty of Rs 458.3 crore has been imposed on IndiGo by the additional commissioner of CGST (Delhi south commissionerate) on Monday. In a regulatory filing on BSE Tuesday, IndiGo said: “…The company strongly believes that the order passed by the GST department is erroneous and not in accordance with law, backed by advice from external tax advisors. Accordingly, the Company will contest the same and shall take appropriate legal remedies against the aforesaid order.