GST authority drops IRFC tax demand of Rs 549.32 crore
IRFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Delhi GST authority ordered nil demand on a notice involving Rs 549.32 crore, closing the earlier proceeding. The order was issued on October 23, 2026, following IRFC's August 24, 2026 disclosure. No settlement terms, compensation or penalty were reported.
The dropped GST case removes a Rs 549.32 crore tax risk and related uncertainty, which is positive for IRFC shares; no payment was reported.