ICICI Bank has received an Order in Appeal from the Maharashtra GST Department, maintaining a tax demand of ₹50.38 crore plus penalties and interest. The bank plans to pursue further legal remedies within the prescribed timelines to contest the order. This disclosure has been made to both domestic and international stock exchanges to ensure transparency.
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ICICI Bank Receives GST Order in Appeal from Maharashtra, Confirms Compliance
ICICI Bank has received an Order in Appeal from the Maharashtra GST Department, maintaining a tax demand of ₹50.38 crore plus penalties and interest. The bank plans to pursue further legal remedies within the prescribed timelines to contest the order. This disclosure has been made to both domestic and international stock exchanges to ensure transparency.