Blue Dart Express Limited Receives Show Cause Notice Over Alleged ITC Misuse
Blue Dart Express Limited has received a Show Cause Notice from tax authorities concerning alleged violations related to Input Tax Credit (ITC) during the financial year 2022-23.The notice was issued by the Assistant Commissioner of State Tax and relates to allegations of excess availment of ITC and under-declaration of Ineligible ITC. The company received the direction on July 22, 2026.
The Show Cause Notice has quantified the financial impact across three categories: principal amount, interest, and penalty, related to GST compliance for FY 2022-23.
Financial details of the action are as follows:
| Component | Amount (INR) |
|---|---|
| Principal (Show Cause Notice) | Rs. 21,03,58,038/- |
| Interest component | Rs. 14,42,26,280/- |
| Penalty (under Section 73) | Rs. 2,10,35,804/- |
The company stated that it will analyze the contents of the notice and subsequently furnish a formal response to the relevant authorities.
BLUEDART Stock Price Movement
Blue Dart Express Limited shares today slipped by 0.55% to settle at ₹4765.4 after a day of trading. The company saw a volume of 6,742 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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