Star Health and Allied Insurance Company Limited has received a Demand order from the Office of the Deputy Commissioner (ST)-II, Large Taxpayers Unit, Chennai-35 under Section 73 of the Central Goods and Services Tax Act, 2017 February 14, 2024 alleging a total demand of INR 1,706,713,561 and imposing penalty of INR 86,725,664. The alleged demand and the impugned Demand order pertains to non-payment of GST liability on the re-insurance commission received by the company during the period April 2018 to March 2019.
Star Health and Allied Insurance Company Limited
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STARHEALTH
INE575P01011
Life & Health Insurance
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