New Delhi, 30 May 2026. Domestic airline SpiceJet has suffered a major setback. The airline has been issued a notice of ₹125 crore by the tax department. This notice is reportedly related to tax liabilities and financial compliance matters. Following this development, the company has once again come into the spotlight.

Along with this, the department has also initiated proceedings to cancel SpiceJet’s GST registration. The GST department has sent a show-cause notice to SpiceJet for repeated delays in filing returns and non-compliance with regulations.

This notice also proposes the cancellation of the airline’s GST registration. Officials say that after failing to file returns within the stipulated time, a provisional assessment was made under Section 62 of the CGST and SGST Act, 2017, following which this tax demand was raised.

According to information, tax officials issued this notice after investigating certain financial transactions and tax-related matters. However, the company has stated that it is studying the notice and will respond as per rules. SpiceJet claims it has legal and financial grounds and will present its side before the concerned authorities.

SpiceJet has been facing financial challenges for the past few years. The airline has previously faced questions over various types of liabilities, payment disputes, and operational pressures. In this context, the new ₹125 crore tax notice is seen as another major challenge for the company.

Aviation sector experts believe that if the matter drags on, it could impact the company’s financial plans and business strategies. However, the final situation will only become clear after the tax department’s investigation and the company’s response.

Stock market investors are also keeping an eye on this matter. Any major tax dispute could affect the company’s market image and investor confidence. Meanwhile, the company says it continues its operations normally and this will not affect passenger services.

For now, this matter between SpiceJet and the tax department remains a topic of discussion. The situation is likely to become clearer in the coming days after the company’s response and the department’s next action.