New India Assurance gets ₹2,298 crore GST show cause notice

Public sector general insurer, New India Assurance Company Ltd, on Thursday (June 26), said it has received a Show Cause Notice for an alleged GST demand of ₹2,298.06 crore for the period from April 2018 to March 2023. "The Show Cause Notice requires the company to show cause to why the alleged GST Demand of ₹22,98,06,74,252/- for the period April 2018 to March 2023 should not be demanded from the…