ICICI Bank Appeals GST Order
Ticker: IBN · Form: 6-K · Filed: Nov 17, 2025 · CIK: 1103838
Sentiment: neutral
Topics: tax-dispute, legal, update
Related Tickers: IBN
TL;DR
ICICI Bank is fighting a small GST tax bill and penalty from Telangana, filed an appeal.
AI Summary
ICICI Bank Limited filed a Form 6-K on November 17, 2025, referencing an earlier disclosure from December 23, 2023. This update pertains to an order received from the Telangana Goods and Services Tax Department for a tax demand of ₹210,688 and a penalty of ₹21,068. The bank has filed an appeal against this order.
Why It Matters
This filing provides an update on a tax dispute, indicating the bank is actively contesting a GST demand and penalty, which could impact its financial obligations.
Risk Assessment
Risk Level: low — The amounts involved in the tax demand and penalty are relatively small for a bank of ICICI's size.
Key Numbers
- ₹210,688 — Tax Demand (Amount disputed with Telangana GST Department)
- ₹21,068 — Penalty (Associated penalty for the tax demand)
Key Players & Entities
- ICICI Bank Limited (company) — Registrant
- Telangana Goods and Services Tax Department (company) — Tax Authority
- ₹210,688 (dollar_amount) — Tax Demand
- ₹21,068 (dollar_amount) — Penalty
- December 23, 2023 (date) — Date of previous disclosure
- November 17, 2025 (date) — Filing Date
FAQ
What is the specific nature of the tax demand from the Telangana Goods and Services Tax Department?
The filing does not specify the nature of the tax demand, only the amount of ₹210,688.
What was the date of the original order (OIO) from the Telangana GST Department?
The filing references an earlier letter dated December 23, 2023, which disclosed the order, but the exact date of the OIO itself is not provided in this 6-K.
What is the status of the appeal filed by ICICI Bank?
The filing states that the bank has filed an appeal, but does not provide details on the progress or outcome of the appeal.
Is this a new tax issue or an update to a previously disclosed one?
This is an update to a previously disclosed tax issue, referencing a letter from December 23, 2023.
What is the total financial impact being contested by ICICI Bank?
The total financial impact being contested is the sum of the tax demand and penalty, which is ₹210,688 + ₹21,068 = ₹231,756.
Filing Stats: 335 words · 1 min read · ~1 pages · Grade level 10.3 · Accepted 2025-11-17 06:11:21
Filing Documents
- dp237403_6k.htm (6-K) — 16KB
- image_001.jpg (GRAPHIC) — 3KB
- 0000950103-25-014816.txt ( ) — 22KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a -16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of November 2025 Commission File Number: 001-15002 ICICI Bank Limited (Translation of registrant’s name into English) ICICI Bank Towers, Bandra-Kurla Complex Mumbai, India 400 051 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F X Form 40-F Table of Contents Items: 1. Other news OTHER NEWS IBN ICICI Bank Limited (the ‘Bank’) Report on Form 6-K This has reference to our earlier letter dated December 23, 2023, wherein the Bank had disclosed an order in original (OIO) received from Telangana Goods and Services Tax Department for a tax demand of 210,688/- and a corresponding penalty of 21,068/. The Bank had filed an appeal against the said OIO. On November 13, 2025 at 5:05 p.m., the Bank has received an Order in Appeal under section 107 of the Telangana Goods and Services Tax Act, 2017, from the Appellate Joint Commissioner setting aside the aforementioned OIO, and consequently, the demand stands disposed off and nullified. Please take the above information on record. ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email:companysecretary@icicibank.com Website www.icicibank.com CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised. For ICICI Bank Limited Date: November 14, 2025 By: /s/ Prachiti Lalingkar Name: Prachiti Lalingkar Title: Company Secretary ICICI Bank Limited ICICI Bank Towers Bandra-Kurla Complex Mumbai 400 051, India. Tel.: 022- 4008 8900 Email:companysecretary@icicibank.com Website www.icicibank.com CIN.: L65190GJ1994PLC021012 Regd. Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara 390007. India