Blue Dart subsidiary gets GST show cause notice for Rs 27.10 crore demand
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Blue Dart Aviation Ltd, a wholly owned subsidiary of Blue Dart Express, received a GST Show Cause Notice from the Joint Commissioner, Chennai South Commissionerate. The notice relates to scrutiny of GST returns for FY2022-23 and FY2023-24. Allegations include short payment of tax and excess availment of input tax credit. Total proposed tax demand is Rs 27.10 crore (Rs 21.73 crore for FY23 and Rs 5.37 crore for FY24), along with interest and penalty. The subsidiary will examine the notice and file its response.
Rs 27.10 crore proposed demand plus interest and penalty on subsidiary. Matter at show-cause stage; potential hit to financials if not resolved favourably.