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Go Digit General Insurance Limited has announced a favorable update in its ongoing tax litigation. The Bombay High Court has set aside a demand and penalty totalling ₹170.29 Cr raised by the GST authorities, citing that the matter needs to be reconsidered in light of the GST Council’s decisions and circulars. The court has directed the adjudicating authority to resolve the issue afresh within three months. This relates to an industry-wide issue and currently carries no financial impact for the company. The outcome removes a significant tax liability uncertainty for shareholders.