RBL Bank's ₹92 crore GST demand (inclusive of interest and penalty) for FY2019-20 has been fully withdrawn.
Assistant Commissioner of State Tax, Mumbai, passed an order dated March 24, 2026 withdrawing the entire demand under Section 74 of Maharashtra GST Act.
This is an update to the earlier disclosure dated October 1, 2025 regarding receipt of the original show cause notice.