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CGST and Central Excise Division-IV

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

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Last Updated: Just Now

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Banking, Fintech & Insurance 18 Oct 2026, 02:00 PM IST

ICICI Bank Faces ₹229 Crore GST Demand Over Minimum Balance Services

ICICI Bank has received a show cause notice from GST authorities seeking ₹229.14 crore in connection with 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 bank’s existing legal and regulatory overhang on a similar issue. The development underscores the continuing scrutiny of how banks classify and tax customer service charges, particularly in areas where fee structures intersect with indirect tax rules. ICICI Bank is already engaged in litigation over earlier notices involving comparable demands.

By RDU Global Wire5 min read

Banking, Fintech & Insurance16 Oct 2026, 05:22 AM IST

ICICI Bank Faces ₹229 Crore GST Demand Over Minimum Balance Services

ICICI Bank has received a show cause notice from GST authorities seeking ₹229.14 crore in tax, interest and penalties over services linked to customers maintaining minimum account balances. The notice, issued on September 30 by the Additional Commissioner at CGST and Central Excise Division-IV, adds to the lender’s ongoing legal disputes over similar tax demands. The case underscores the continuing regulatory scrutiny of banking service charges and their classification under India’s indirect tax regime.

5 min readRead →

Banking, Fintech & Insurance08 Oct 2026, 08:47 PM IST

ICICI Bank Faces ₹229 Crore GST Demand Over Minimum Balance Services

ICICI Bank has received a show cause notice from GST authorities seeking ₹229.14 crore in tax demand linked to services offered 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 bank’s existing litigation over similar tax disputes. The development underscores continuing regulatory scrutiny of bank fee structures and the tax treatment of bundled customer services.

5 min readRead →

Banking, Fintech & Insurance07 Oct 2026, 10:29 AM IST

ICICI Bank Faces Rs 229.14 Crore GST Notice Over Minimum Balance Services

ICICI Bank has received a show cause notice from GST authorities seeking Rs 229.14 crore in tax demand linked to services provided 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 lender’s ongoing legal overhang on similar tax matters. The bank said the notice is under review and that it is already contesting comparable demands in litigation.

5 min readRead →

Banking, Fintech & Insurance07 Oct 2026, 09:24 AM IST

ICICI Bank Faces ₹229 Crore GST Demand Over Minimum Balance Services

ICICI Bank has received a show-cause notice from GST authorities seeking ₹229.14 crore in tax, interest and penalties 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 bank’s existing litigation over similar tax disputes.

5 min readRead →

Banking, Fintech & Insurance03 Oct 2026, 07:06 PM IST

ICICI Bank Faces ₹229.14 Crore GST Notice Over Minimum Balance Services

ICICI Bank has received a show-cause notice from GST authorities seeking ₹229.14 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 bank’s ongoing legal and regulatory disputes over similar past notices.

5 min readRead →

India Sports & CricketJust now (04:44 PM IST)

Indian Women Target Chinese Hockey Dominance at Asian Games

India’s women’s hockey team enters the Asian Games with a clear competitive mission: to challenge China’s long-standing regional supremacy and convert recent progress into a statement result. The contest carries significance beyond medals, with India seeking to prove it can sustain pressure against one of Asia’s most disciplined and technically polished sides.

5 min readRead →

Startups & Venture CapitalJust now (08:24 AM IST)

Building AI for India Means Solving Scale, Access and Cost First

The race to build AI products for Indian users is increasingly being defined less by model sophistication and more by distribution, affordability and real-world usability. For consumer platforms such as Meesho, the question is whether voice interfaces and other AI tools can materially improve conversion in a market where millions of users remain price-sensitive and digitally uneven.

5 min readRead →

Startups & Venture CapitalJust now (02:44 AM IST)

At 10, Kalhath Shows How Indian Embroidery Went Global Through Contemporary Design

As Lucknow-based Kalhath Institute marks a decade, co-founder Maximiliano Modesti is reflecting on a project that helped reposition Indian embroidery from heritage craft to contemporary artistic language. The institute’s evolution underscores a larger shift in how traditional handwork is being preserved, interpreted and placed into global design conversations.

5 min readRead →

Banking, Fintech & InsuranceJust now (05:39 PM IST)

ICICI Bank Faces Rs 229 Crore GST Notice Over Minimum Balance Services

ICICI Bank has received a show cause notice from GST authorities seeking Rs 229.14 crore in tax, interest and penalties linked to services offered 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 bank’s ongoing legal and regulatory disputes over similar tax demands.

4 min readRead →

National Governance & PolicyJust now (04:47 PM IST)

Chittoor to Receive ₹1,529.69 Crore Under Rayalaseema Horticulture Development Plan

Chittoor district will receive ₹1,529.69 crore under the Rayalaseema Horticulture Development Plan, a large-scale intervention aimed at strengthening horticulture through irrigation, infrastructure, and rural development. Officials say the programme is designed to build a complete value chain from production to marketing and exports, with the stated goal of improving farmer incomes and making horticulture more resilient and market-linked.

6 min readRead →

Healthcare, Pharma & Life SciencesJust now (12:25 PM IST)

PhonePe Extends UPI to Feature Phones, Targeting 220 Million Users Without Smartphones

PhonePe has announced support for UPI 123Pay on feature phones, bringing internet-free digital payments to an estimated 200 million-plus Indians who still rely on basic handsets. Unveiled at the Global Fintech Fest 2026 in Mumbai, the move expands the reach of India’s payments rail beyond smartphones and data connectivity, with the service pre-loaded on devices from HMD, Nokia, Lava and itel.

6 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside CGST and Central Excise Division-IV:

New Delhi(12)ICICI Bank(12)Additional Commissioner(7)India(3)United States(1)Siennor Trio(1)