Announced Thu, 23 Jul · 19:41 IST
Blue Dart gets GST show cause notice of about Rs 21 crore for FY23
Regulatory & Legal View source PDF
BLUEDART · price
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AI summary
Blue Dart Express received a GST show cause notice on July 22, 2026 from the Assistant Commissioner of State Tax for FY 2022-23. The notice alleges excess availment of Input Tax Credit and under-declaration of ineligible ITC. The demand raised is about Rs 21.04 crore, plus interest of about Rs 14.42 crore and penalty of about Rs 2.10 crore. The company will analyse the contents and furnish a response.
Likely market impact
Tax exposure of about Rs 37.6 crore may pressure earnings if upheld. Company plans to contest the notice.