Star Health and Allied Insurance Company Limited has received 25 tax demand orders from the Goods and Services Tax (GST) authorities across various states, totaling Rs 49 crore, including penalties. These demands have been issued to the company’s zonal offices in seven states, including Haryana, Delhi, Maharashtra, Tamil Nadu, Telangana, and Karnataka. The alleged violations by the company include non-payment of GST on certain transactions related to coinsurance, non-disclosure of these transactions in statutory filings, and failure to issue invoices for such services.
The tax demand orders were issued by the Additional Commissioner of GST and Central Excise in Gurugram, and the GST authorities in Mumbai East, Andheri East, and Mumbai South-West. The orders also came from the Chennai North GST office, Telangana, and Karnataka. Star Health has stated that it will file an appeal or a writ petition to challenge these tax demands and will take appropriate legal steps to address the matter.