ixigo faces two tax notices over alleged GST contraventions
Le Travenues Technology Limited, the parent company of ixigo, announced on October 1, 2025, that it has received two show cause notices (SCNs) from tax authorities. The first notice, SCN-1, dated September 28, 2025, from Gurugram (East), Haryana, alleges contravention of HGST/CGST Act, 2017, and IGST Act, 2017, for the financial year 2019-20. The estimated financial implication for SCN-1 is ₹94,69,318, with a penalty of ₹31,04,778 for alleged excess input tax credit availed.
The second notice, SCN-2, dated September 30, 2025, from Bangalore, Karnataka, alleges contravention of KGST/CGST Act, 2017, and IGST Act, 2017, for the financial year 2021-22. The estimated financial implication for SCN-2 is ₹3,04,91,844, along with applicable interest and penalty for alleged undeclared correct tax liability. SCN-1 was voluntarily disclosed, while SCN-2 triggered a mandatory disclosure considering the cumulative impact.
ixigo states it believes it has a strong case based on merit, supported by an independent tax advisor's opinion, and is preparing to file responses to contest both notices. The core of SCN-2’s contention is the tax rate applied to passenger transportation services, with authorities claiming an 18% GST rate instead of the 5% discharged by the company.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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