The Goods and Services Tax (GST) Department has demanded Rs 124.65 crore in taxes from SpiceJet for allegedly not filing GST returns for several months. The airline is also facing potential cancellation of its GST registration due to repeated delays and non-compliance in filing statutory returns. The tax demand was issued after a provisional assessment under the Central Goods and Services Tax (CGST) Act and State Goods and Services Tax (SGST) Act, 2017, as SpiceJet failed to file returns within the specified timelines.
GST authorities have highlighted SpiceJet’s consistent irregularities in filing returns, with submissions often delayed. The department calculated a demand of Rs 44.44 crore for November, Rs 43.79 crore for December, Rs 12.19 crore for January, Rs 12.10 crore for February, and Rs 12.12 crore for March. A show-cause notice for cancellation of the airline’s GST registration was issued on May 25, 2026, as SpiceJet has yet to fulfill pending compliance requirements.
In the event that SpiceJet does not promptly address its outstanding returns and comply with GST law obligations, further actions will be taken as per regulations, according to an official statement. SpiceJet had reported a consolidated net loss of Rs 621 crore for the quarter ending September 30, 2025, compared to a loss of Rs 458 crore in the same period the previous year. The airline’s revenue from operations decreased by 13% to Rs 792 crore from Rs 915 crore in the corresponding quarter of the previous fiscal year.
SpiceJet shares closed at Rs 12.75 on Friday, marking a 0.47% decrease on the BSE.
