Max Estates Receives GST Order with ₹2.15 Crore Demand; Plans Appeal
Max Estates Limited has received an order under the Central Goods and Services Tax Act, 2017, from the Office of the Deputy Commissioner, State Tax Department, Uttar Pradesh (Noida). The order pertain...
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Why is Max Estates Limited in the news today?
Max Estates Limited (MAXESTATES) is in the news due to the company has received a tax demand order, which is a negative event. however, they believe they have strong grounds to appeal and state there is no material impact on their operations, balancing the negative aspect.
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Max Estates Receives GST Order with ₹2.15 Crore Demand; Plans Appeal
December 30, 2025, 05:36 PM
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More Details on This News
Max Estates Limited has received an order under the Central Goods and Services Tax Act, 2017, from the Office of the Deputy Commissioner, State Tax Department, Uttar Pradesh (Noida). The order pertains to a demand of GST along with penalty and applicable interest amounting to ₹2,15,47,966 (Indian Rupees Two Crores Fifteen Lakhs Forty Seven Thousand Nine Hundred Sixty Six Only) for the financial year 2021-22.
The company received this order on December 30, 2025, at 10:32 A.M. (IST). Max Estates Limited firmly believes it possesses strong legal and factual grounds to challenge this order and intends to pursue appropriate legal remedies, including filing an appeal before the relevant authorities.
Despite the demand, the company states that there is no material impact on its financial, operational, or other activities.
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