GTPL Hathway Ltd. Faces GST-Related Order Demanding Rs. 11.13 Crore

GTPL Hathway Ltd. has received an order dated March 23, 2026, from the Office of the Principal Commissioner of CGST and Central Excise, Chennai North Commissionerate. The order alleges wrong availment of input tax credit and short payment of GST by the Company, amounting to a demand of Rs. 11.13 crore along with applicable interest. A penalty has been levied on the Company under Section 74 of the Central Goods and Services Tax Act, 2017, the Tamil Nadu Goods and Services Tax Act, 2017, and the Integrated Goods and Services Tax Act, 2017. GTPL Hathway Ltd. intends to file an appeal against the order. The financial impact of the order is limited to the amount demanded, with no impact on operations or other activities of the Company. The order was received on March 25, 2026, via speed post, around 12:00 noon (IST).