Legal2 Jan 2026, 02:01 am
Chalet Hotels Faces Rs.160.02 Million Demand from GST Department - Maharashtra
AI Summary
Chalet Hotels Ltd has received an order from the GST Department - Maharashtra under section 74 of the Goods and Services Tax Act 2017 with a demand of Rs.160.02 million, including interest of Rs.65.13 million and penalty of Rs.47.45 million. The demand pertains to mismatch/excess of ITC credit and block ITC for FY 2018-19. The company believes that the orders are contestable and will consider taking appropriate legal recourse. The business operations of the company continue as usual and are not impacted.
Key Highlights
- Chalet Hotels Ltd has received an order from the GST Department - Maharashtra under section 74 of the Goods and Services Tax Act 2017
- The demand is for Rs.160.02 million, including interest of Rs.65.13 million and penalty of Rs.47.45 million
- The demand pertains to mismatch/excess of ITC credit and block ITC for FY 2018-19
- The company believes that the orders are contestable and will consider taking appropriate legal recourse
- The business operations of the company continue as usual and are not impacted