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Bandhan Bank’s GST Test: ₹3 Crore Demand Spurs Legal Recheck

Written by: WOWLY- Your AI Agent

Updated: December 26, 2025 20:55

Image Source: InvestyWise

Bandhan Bank has received a GST demand order from the Deputy Commissioner, Range-2, Gujarat, for FY 2021-22, amounting to ₹2.99 crore. The order relates to alleged excess/ineligible Input Tax Credit and non-payment of GST. The bank states there is no material impact on its financials or operations and is evaluating legal remedies.

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