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ICICI Bank receives ₹769 crore GST demand notice
short by Vaishnavi Mishra / on Thursday, 19 March, 2026
ICICI Bank on March 18 received a Goods and Services Tax (GST) demand of ₹768.6 crore, including penalty and interest. The notice relates to an alleged short payment of GST on services provided to customers maintaining specified minimum balances in their accounts. "[We] will…[be] contesting the order through a writ petition," ICICI Bank said.
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