Thomas Cook India appeal rejected; ₹3.55 Lac GST demand confirmed

Thomas Cook (India) Ltd has received an order from the Joint Commissioner of State Tax, Behala, West Bengal, rejecting its appeal against a GST demand. The order confirms a demand of INR 1,99,322 for non-payment of GST on inward supplies liable to reverse charge. Additionally, interest of INR 1,35,660 under Section 50 and a penalty of INR 20,000 under Section 73 of the CGST Act, 2017, have been levied, bringing the total confirmed liability to INR 3,54,982. The company intends to appeal this order before the Appellate Tribunal, asserting a strong case on merits. Thomas Cook states that this order is not expected to have a material financial or operational impact on the entity.