StockWatch
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Amusement Parks/ Other Recreation
Tax & Penalty15 Oct 2026, 12:47 pm

Delta Corp Ordered to Pay ₹3.08 Cr GST Demand with Penalty

AI Summary

Delta Corp Limited has received an order from the Joint Commissioner, CGST & Central Excise, Siliguri Commissionerate, demanding differential GST of ₹1,64,45,616 for valuation of actionable claims and ₹1,43,21,637 for casino entry packages. This brings the total demand to ₹3,07,67,253 (₹3.08 Crore). The order also includes interest and penalties equivalent to the GST demand under the CGST Act. The company is evaluating the order and may file an appeal.

Key Highlights

  • GST demand of ₹1.64 Cr for actionable claims valuation.
  • GST demand of ₹1.43 Cr for casino entry packages.
  • Total demand including interest and penalty is ₹3.08 Crore.
  • Company is evaluating the order and considering an appeal.