ICICI Bank Receives ₹216 Cr GST Show Cause Notice |

ICICI Bank has received a Show Cause Notice from the Additional Commissioner of CGST and Central Excise, Mumbai East, demanding ₹216 crore in Goods and Services Tax (GST) dues. The bank is currently reviewing the notice and assessing the implications before responding.

This development highlights ongoing scrutiny of financial institutions’ tax compliance and could have significant implications for ICICI Bank if the GST authorities’ claims are upheld.
DescriptionICICI Bank gets ₹216 crore GST Show Cause Notice from Mumbai East CGST authorities. The bank is reviewing the notice before responding.