Tax & Penalty21 Apr 2026, 10:31 pm
Max Healthcare: GST demand of ₹55.20 Cr withdrawn
AI Summary
Max Healthcare Institute Ltd. announced the receipt of a Rectification Order dated April 21, 2026, from the Office of the GST Officer. This order withdraws the entire demand of ₹55,20,45,266/- (approximately ₹55.20 crore) that was previously raised against the company. The original demand, intimated on December 30, 2025, alleged excess availment of Input Tax Credit. The authority accepted the company's rectification application and submissions, leading to the complete withdrawal of the demand. This development resolves a significant tax dispute in favor of Max Healthcare.
Key Highlights
- GST demand of ₹55.20 Cr against Max Healthcare withdrawn.
- Rectification Order issued by GST Officer on April 21, 2026.
- Original demand was for alleged excess Input Tax Credit.
- Authority accepted company's rectification application.
- Positive resolution of a significant tax liability for the company.