Legal30 Dec 2025, 05:41 pm
Fortis Healthcare Ltd. Confirms GST Demands Totaling INR 2.14 Billion for FY 2020-23
AI Summary
Fortis Healthcare Ltd. has received GST orders for a total of INR 2.14 billion (INR 478.08 lakhs for FY 2020-21, INR 850.00 lakhs for FY 2021-22, and INR 811.53 lakhs for FY 2022-23) from the GST Authority. These orders include interest and penalties, with the highest demand for FY 2021-22. The company will comply with the orders and make the necessary payments.
Key Highlights
- Fortis Healthcare Ltd. received GST orders for a total of INR 2.14 billion for FY 2020-23.
- The orders include interest and penalties for the respective financial years.
- The highest demand was for FY 2021-22, amounting to INR 850.00 lakhs.
- The company will comply with the orders and make the necessary payments.
- This development highlights the importance of GST compliance for businesses.