Fortis Healthcare Faces GST Orders Totaling ₹21.49 Crore

Fortis Healthcare Limited has announced that it is in receipt of Goods and Services Tax (GST) orders for the financial years 2020-21, 2021-22, and 2022-23. The State Tax Officer, Chengalpattu, Intelli...

Fortis Healthcare Limited has announced that it is in receipt of Goods and Services Tax (GST) orders for the financial years 2020-21, 2021-22, and 2022-23. The State Tax Officer, Chengalpattu, Intelligence Division, Tamil Nadu, had initially issued show cause notices for amounts including penalties. For FY 2020-21, the initial notice was for ₹469.63 lakhs, with ₹234.82 lakhs being penalty. For FY 2021-22, the notice was for ₹678.09 lakhs, with ₹339.04 lakhs as penalty. For FY 2022-23, the notice was for ₹668.83 lakhs, with ₹334.41 lakhs as penalty. Following the company's response, the GST Authority has passed orders confirming demands. For FY 2020-21, the confirmed demand is ₹478.08 lakhs, which includes interest and penalty of ₹142.02 lakhs and ₹168.03 lakhs, respectively. For FY 2021-22, the confirmed demand is ₹850.00 lakhs, including interest and penalty of ₹212.16 lakhs and ₹318.92 lakhs, respectively. For FY 2022-23, the confirmed demand is ₹811.53 lakhs, including interest and penalty of ₹158.58 lakhs and ₹326.47 lakhs, respectively. The show cause notices pertaining to the balance amounts have been dropped by the GST Authority. The events related to these orders occurred on December 29, 2025, at 5:46 PM for FY 2020-21, December 29, 2025, at 5:53 PM for FY 2021-22, and December 30, 2025, at 4:38 PM for FY 2022-23.

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Why is Fortis Healthcare Limited in the news today?

Fortis Healthcare Limited (FORTIS) is in the news due to the company has received gst orders confirming demands which include penalties and interest, indicating a negative financial impact.

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Fortis Healthcare Faces GST Orders Totaling ₹21.49 Crore

December 30, 2025, 12:02 PM

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Fortis Healthcare Limited has announced that it is in receipt of Goods and Services Tax (GST) orders for the financial years 2020-21, 2021-22, and 2022-23. The State Tax Officer, Chengalpattu, Intelligence Division, Tamil Nadu, had initially issued show cause notices for amounts including penalties. For FY 2020-21, the initial notice was for ₹469.63 lakhs, with ₹234.82 lakhs being penalty. For FY 2021-22, the notice was for ₹678.09 lakhs, with ₹339.04 lakhs as penalty. For FY 2022-23, the notice was for ₹668.83 lakhs, with ₹334.41 lakhs as penalty.

Following the company's response, the GST Authority has passed orders confirming demands. For FY 2020-21, the confirmed demand is ₹478.08 lakhs, which includes interest and penalty of ₹142.02 lakhs and ₹168.03 lakhs, respectively. For FY 2021-22, the confirmed demand is ₹850.00 lakhs, including interest and penalty of ₹212.16 lakhs and ₹318.92 lakhs, respectively. For FY 2022-23, the confirmed demand is ₹811.53 lakhs, including interest and penalty of ₹158.58 lakhs and ₹326.47 lakhs, respectively. The show cause notices pertaining to the balance amounts have been dropped by the GST Authority.

The events related to these orders occurred on December 29, 2025, at 5:46 PM for FY 2020-21, December 29, 2025, at 5:53 PM for FY 2021-22, and December 30, 2025, at 4:38 PM for FY 2022-23.

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