RBL Bank gets ₹173 crore GST show-cause notice over ITC claim

RBL Bank on Wednesday said it has received showcause notice with a GST demand of over Rs 173.08 crore for alleged wrongful input tax credit (ITC) availment in the 2022-23 fiscal year."The notice proposes a GST demand of Rs 1,73,08,68,535, including interest and penalty, for the financial year 2022…