Wonderla Holidays Receives ₹15.7 Cr GST Show Cause Notice
Wonderla Holidays Ltd has received a Show Cause Notice (SCN) from the GST Authority demanding ₹15,72,58,674 (approximately ₹15.7 crore) in alleged short payments of GST on restaurant and accommodation services. The notice covers periods between April 2020 and March 2026. The company is evaluating the SCN with tax advisors and plans to file a detailed reply within the prescribed timelines, pursuing all available legal remedies. While a tax demand, interest, and penalty are proposed, the company states there is no immediate financial impact. The alleged short payments include ₹1.25 crore for restaurant services at its resort, ₹14.19 crore for restaurant services at Bengaluru Park, and ₹27.96 lakh for resort accommodation services.
Key Highlights
- GST Authority issued a ₹15.7 crore show cause notice to Wonderla Holidays.
- Notice alleges short payment of GST on restaurant and accommodation services.
- Company is evaluating the notice and will file a detailed reply.
- No immediate financial impact is expected at this stage.
- Legal remedies will be pursued if necessary.
Price Impact
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