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ICICI Lombard Faces Revised GST Demand, Plans Legal Response

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ICICI Lombard Faces Revised GST Demand, Plans Legal Response

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ICICI Lombard General Insurance Co. Ltd. ( (IN:ICICIGI) ) has issued an update.

ICICI Lombard General Insurance Company Limited has received a revised GST demand order from the Office of the Commissioner (Appeals) CGST, Central Excise & Customs, Guwahati. The revised order demands a GST payment of ₹26,58,640, along with interest and a penalty. The company plans to evaluate legal options and potentially appeal against this order, reflecting ongoing regulatory challenges and compliance efforts in its operations.

More about ICICI Lombard General Insurance Co. Ltd.

ICICI Lombard General Insurance Company Limited operates in the insurance industry, offering a range of general insurance products and services. The company focuses on providing insurance solutions across various sectors, including health, motor, travel, and corporate insurance, catering to a diverse market in India.

Average Trading Volume: 13,388

Technical Sentiment Signal: Buy

Current Market Cap: 943.8B INR

See more insights into ICICIGI stock on TipRanks’ Stock Analysis page.

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