ICICI Bank Gets Rs 238 crore GST Demand Notice

On December 17, the bank has received an order under Section 73 of the Maharashtra Goods and Services



Tax (GST) Act, 2017, from the relevant authority, raising a GST demand of Rs 237,90,04,448, comprising Rs 216,27,31,316 in tax and Rs 21,62,73,132 as penalty, along with interest as applicable for the same subject matter, ICICI Bank said in a regulatory.