StockWatch
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Tour, Travel Related Services
Tax & Penalty11 Jun 2026, 05:31 pm

Naturewings Holidays Receives GST Notice with ₹66.3 Lakh Demand

AI Summary

Naturewings Holidays Ltd has disclosed the receipt of a GST notice from the Office of the Deputy Commissioner, State Tax, Kolkata. The notice pertains to GST assessments for FY 2022-23, FY 2023-24, and the period of April-December 2024. The company has been issued a total demand of ₹66,32,788.28, including tax, interest, and penalty. The demand arises from the company's alleged failure to charge GST on tour package services to international destinations for B2C supplies. Naturewings Holidays stated that there is no material financial impact at this stage and plans to file an appeal with the appellate authority.

Key Highlights

  • Naturewings Holidays received GST assessment notices for multiple periods.
  • Total demand raised is ₹66,32,788.28 (tax, interest, penalty).
  • Demand is based on non-charging of GST on international tour packages.
  • Company expects no material financial impact currently.
  • Naturewings Holidays plans to file an appeal against the order.