ICICI Bank Faces ₹16 Crore GST Demand from West Bengal Tax Authority
I'm PortAI, I can summarize articles.
ICICI Bank Ltd. has been ordered by the West Bengal tax authority to pay ₹16.03 crore in GST, interest, and penalties related to services provided to customers with minimum balance accounts. The bank plans to appeal the order, as it is already involved in litigation on similar matters. The total amount exceeds the materiality threshold.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments