The order keeps the full demand (GST dues plus matching penalty, with interest to be added) enforceable unless stayed, increasing near-term cash-outflow and provisioning risk. The decision narrows the company’s options to a higher appellate forum, adding legal cost and extending the timeline to resolution. Other insurers using similar GST input-credit positions may need to reassess exposure for FY18–FY23 periods and prepare for comparable audit/enforcement actions.