InterGlobe Aviation Ltd, the parent company of IndiGo, has disclosed that it has received a penalty order of ₹117,52,86,402 from the Joint Commissioner of Central Tax and Central Excise, CGST Kochi Commissionerate, pertaining to the financial years 2018–19 to 2021–22.
According to the exchange filing, the order — received on December 1, 2025 — involves the denial of input tax credit (ITC) claimed by the airline during the stated period. The authority has issued a demand order along with the penalty, alleging improper availment of ITC.
IndiGo, however, has stated that the order is erroneous, adding that it has a “strong case on merits” based on advice from its external tax experts. The airline confirmed that it will contest the penalty before the appropriate authority.
The company also clarified that there is no significant impact on its financials, operations, or other business activities as a result of the order.
This update comes from the company’s formal disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
