
Tax & Penalty26 Sept 2026, 07:50 pm
Delta Corp faces ₹153.54 Cr GST demand, interest & penalty
AI Summary
Delta Corp Ltd. and its subsidiaries received orders from the Additional Commissioner, Central GST, Goa, demanding differential GST, interest, and penalties totaling ₹153.54 crore for the period July 2017 to March 2022. The demand includes ₹79.32 crore for valuation of actionable claims (GST on chips sold) and ₹37.11 crore for casino-entry packages classified as mixed supply, both with 18% interest. An additional penalty of ₹37.11 crore has been levied. The company is evaluating the orders and plans to appeal. Proceedings for its Sikkim casino for the same period are still pending.
Key Highlights
- Delta Corp faces ₹153.54 Cr GST demand, interest, and penalty.
- Demand covers July 2017-March 2022 period for GST shortfall.
- Includes ₹79.32 Cr for actionable claims, ₹37.11 Cr for mixed supply.
- An additional ₹37.11 Cr penalty has been imposed.
- Company is evaluating orders and plans to file appeals.
Price Impact
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