Panache Digilife Receives Tax Order Citing Wrongful Use of Input Tax Credit; Initiates Appeal Process
Panache Digilife Limited has received an order from a tax authority regarding allegations of misuse of Input Tax Credit. The order, issued under the Central Goods and Services Tax Act, 2017, along with the Maharashtra Goods and Services Tax Act, 2017, confirms a tax demand against the company.According to the details, the competent authority confirmed a tax demand amounting to Rs. 2,22,40,982/-, which includes interest and penalty. The order was received by the company on July 13, 2026, concerning alleged wrongful availment and utilization of ineligible Input Tax Credit.The key details of the tax action are summarized below...