Delta Corp Ltd Receives Notices for Alleged GST Shortfall of INR 13,502 Crore for FY 2022-23

Delta Corp Ltd and its subsidiary, Highstreet Cruises and Entertainment Private Limited, have received notices under Section 74(1) of the CGST Act, 2017 and Goa GST Act, 2017 from the Office of the Commissioner of Commercial Taxes, Government of Goa dated March 17, 2026. The notices allege a short payment of GST for the Financial Year 2022-23, amounting to INR 13,502 Crore (INR 13,50,25,82,872) for the Company and INR 402 Crore (INR 4,02,12,70,440) for the subsidiary. The alleged GST shortfall is based on the estimated gross bet value of all games played at the casinos during the relevant period. The Company and its subsidiary have challenged earlier similar demands for the period from July 2017 to March 2022 and have been advised that the notices and the tax demands are arbitrary and contrary to law. They intend to pursue all legal remedies available to them to challenge such tax demands and related proceedings.