ICICI Bank Faces โน229.14 Crore GST Notice Over Minimum Balance Services
ICICI Bank has received a show-cause notice from GST authorities seeking โน229.14 crore in tax demand over services linked to customers maintaining minimum account balances. The notice, issued on September 30 by the Additional Commissioner at the CGST and Central Excise Division-IV, adds to the bankโs ongoing legal and regulatory disputes over similar past notices.
