GST Jigsaw: SBI Cards Faces Big Puzzle, Promises a Picture-Perfect Defense

Unknown Apr 02, 2026 1,250 Views

SBI Cards and Payment Services Ltd. has received a significant show-cause notice from GST authorities, demanding ₹81.93 crore in allegedly ineligible input tax credit (ITC) claims. The notice, issued by the Additional Commissioner (East 1) of CGST Gurugram on June 30, 2025, covers financial years...