ICICI BANK LTD Current Report (Foreign Issuer)
The appeal order confirms a penalty of ₹6,95,418, below the ₹13,55,750 amount disclosed on December 30, 2023.
Sentiment and the balance of points
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Rhea-AI Filing Summary
ICICI Bank Limited (IBN) received an Order in Appeal (OIA) on October 31, 2026, from the Additional Commissioner, (ST) (Grade-I) (FAC), Telangana, confirming a penalty of ₹6,95,418 under Section 107 of the Central Goods and Services Tax Act, 2017. The bank had disclosed an earlier Order in Original imposing a penalty of ₹13,55,750 on December 30, 2023. ICICI Bank said it will file an appeal contesting the OIA within the prescribed timelines.
Key Figures
Key Terms
Order in Original (OIO) regulatory
Order in Appeal (OIA) regulatory
Central Goods and Services Tax Act, 2017 regulatory
FAQ
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What penalty did IBN's appeal order confirm?
Who issued ICICI Bank's appeal order?
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