Max Healthcare receives GST demand and penalty order of ₹127.32 crore

Max Healthcare Institute Limited has announced that it has received a Goods and Services Tax (GST) order from the Office of the Principal Commissioner, Central Goods and Service Tax, Delhi South Commi...

Max Healthcare Institute Limited has announced that it has received a Goods and Services Tax (GST) order from the Office of the Principal Commissioner, Central Goods and Service Tax, Delhi South Commissionerate. The order includes a GST demand of ₹6,36,56,686 along with applicable interest and a penalty of ₹6,36,56,686. The total demand and penalty amount to ₹12,73,13,372 (approximately ₹127.32 crore). The order pertains to alleged discrepancies in the provisions of Goods and Services Tax involving Input Tax Credit and tax recovery. The company received this order on December 19, 2025, at 5:37 PM. Apart from the aforementioned amounts to be paid, the management stated that there is no other impact on the financial, operational, or other activities of the company. Max Healthcare Institute Limited's management is currently in the process of filing an appeal against this order.

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Why is Max Healthcare Institute Limited in the news today?

Max Healthcare Institute Limited (MAXHEALTH) is in the news due to the company has received a significant gst demand and penalty order, which is a negative development.

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Max Healthcare receives GST demand and penalty order of ₹127.32 crore

December 19, 2025, 05:06 PM

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Max Healthcare Institute Limited has announced that it has received a Goods and Services Tax (GST) order from the Office of the Principal Commissioner, Central Goods and Service Tax, Delhi South Commissionerate. The order includes a GST demand of ₹6,36,56,686 along with applicable interest and a penalty of ₹6,36,56,686.

The total demand and penalty amount to ₹12,73,13,372 (approximately ₹127.32 crore).

The order pertains to alleged discrepancies in the provisions of Goods and Services Tax involving Input Tax Credit and tax recovery.

The company received this order on December 19, 2025, at 5:37 PM. Apart from the aforementioned amounts to be paid, the management stated that there is no other impact on the financial, operational, or other activities of the company.

Max Healthcare Institute Limited's management is currently in the process of filing an appeal against this order.

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