IndiGo Challenges Rs 117.52 Crore Input Tax Credit Penalty Imposed by Kerala CGST Authorities

Dec 03, 2025 10:35 am CST

IndiGo airline faces a Rs 117.52 crore penalty from Kerala CGST authorities over input tax credit claims from 2018-2022. The company has declared the order erroneous and plans to contest it before appropriate authorities, stating the penalty will not significantly impact its financial or operational performance. Following the announcement, IndiGo shares declined 1.60% on the market.