India, May 8 -- Logistics giant Delhivery has received a demand notice from the Directorate General of GST Intelligence (DGGI), Mumbai Zonal Unit.

In an exchange filing, the company said that it has received a show cause notice on May 6 under the CGST Act, 2017 and IGST Act, 2017 from DGGI, Mumbai Zonal Unit.

The company also informed that the financial implication of this notice amounts to INR 49.19 Cr, including interest and penalty.

The core issue is a dispute over the correct GST rate applicable to certain services Delhivery provided under the CGST and IGST Acts.

This isn't the first instance of Delhivery being slapped with a tax notice. The company in February received a tax demand order from the West Bengal GST department, askin...