Star Health ordered to pay ₹53.25 Lakh penalty by GST Tamil Nadu

Star Health and Allied Insurance Company Limited has received an order dated December 17, 2025, from the Office of the Deputy Commissioner of State Goods & Service Tax, Tamil Nadu. The order levies a ...

Star Health and Allied Insurance Company Limited has received an order dated December 17, 2025, from the Office of the Deputy Commissioner of State Goods & Service Tax, Tamil Nadu. The order levies a penalty of ₹53,25,517 under Section 73 of the Central Goods and Services Tax Act, 2017, for the period of April 2021 to March 2022. The penalty is reportedly due to excess Input Tax Credit (ITC) availed by the company, constituting a contravention of the provisions of the Central Goods and Services Tax Act, 2017. However, the company, based on legal counsel's advice, believes it has a strong case on merits and does not foresee any material impact on its financial, operational, or other activities. Star Health intends to file an appeal or writ petition with the appropriate authorities within the prescribed time period to address the matter. This information will also be available on the company's website at www.starhealth.in.

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Why is Star Health and Allied Insurance Company Limited in the news today?

Star Health and Allied Insurance Company Limited (STARHEALTH) is in the news due to the company has been levied a penalty, which is negative. however, the company's belief in a strong case and expectation of no material impact mitigates the negativity, leading to a neutral sentiment.

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Star Health ordered to pay ₹53.25 Lakh penalty by GST Tamil Nadu

December 18, 2025, 07:37 AM

AI Sentiment Analysis

Star Health and Allied Insurance Company Limited has received an order dated December 17, 2025, from the Office of the Deputy Commissioner of State Goods & Service Tax, Tamil Nadu. The order levies a penalty of ₹53,25,517 under Section 73 of the Central Goods and Services Tax Act, 2017, for the period of April 2021 to March 2022.

The penalty is reportedly due to excess Input Tax Credit (ITC) availed by the company, constituting a contravention of the provisions of the Central Goods and Services Tax Act, 2017.

However, the company, based on legal counsel's advice, believes it has a strong case on merits and does not foresee any material impact on its financial, operational, or other activities. Star Health intends to file an appeal or writ petition with the appropriate authorities within the prescribed time period to address the matter.

This information will also be available on the company's website at www.starhealth.in.

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