IndiGo to Contest Penalties Over Input Tax Credit Dispute

23 Aug 2024 CW Team

IndiGo is set to contest penalties imposed on the airline related to disputes over input tax credit claims. The company argues that the penalties, which have been levied due to issues with tax credits, are unwarranted and plans to challenge them through legal avenues.

The dispute centres around input tax credits, which businesses can claim on the Goods and Services Tax (GST) for taxes paid on inputs. IndiGo maintains that it has complied with the relevant tax regulations and disputes the penalties that have been imposed.

The airline's move to challenge these penalties underscores its commitment to resolving the tax credit issues through the appropriate legal channels. IndiGo's legal team is preparing to address the matter in court, seeking to overturn the penalties and clarify the tax credit claims process.

This legal challenge is part of IndiGo?s broader strategy to ensure compliance with tax regulations while addressing any discrepancies in the tax credit claims. The outcome of this dispute could have implications for the airline?s financial operations and its handling of tax-related matters in the future.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..