MHRIL Wins Tax Litigation; Rs. 363 Crore Demand Dropped

Mahindra Holidays & Resorts India Limited (MHRIL) has received a favourable order from the State Tax Officer, Anna Salai Central III, Chennai, Tamil Nadu, dropping a Goods and Services Tax (GST) deman...

Mahindra Holidays & Resorts India Limited (MHRIL) has received a favourable order from the State Tax Officer, Anna Salai Central III, Chennai, Tamil Nadu, dropping a Goods and Services Tax (GST) demand of ₹363,07,96,980. This demand comprised ₹181,53,98,490 for tax and an equal amount for penalty, which was raised by the authority via a Demand Show Cause Notice dated 28th June 2025. The original notice pertained to the reporting of IGST on club membership services instead of CGST and SGST under the TNGST Act, 2017 & CGST Act, 2017. The Order, received by the company on 24th December 2025 at 12:18 p.m. IST, also concludes the proceedings for the Financial Year 2018-19. This development is a significant positive outcome for the company, resolving a material tax litigation. This intimation is disclosed on the company's website and filed with the National Stock Exchange of India Limited and BSE Limited.

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Why is Mahindra Holidays & Resorts India Limited in the news today?

Mahindra Holidays & Resorts India Limited (MHRIL) is in the news due to the company received a favourable order dropping a significant tax demand, which is a positive development.

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MHRIL Wins Tax Litigation; Rs. 363 Crore Demand Dropped

December 24, 2025, 01:11 PM

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Mahindra Holidays & Resorts India Limited (MHRIL) has received a favourable order from the State Tax Officer, Anna Salai Central III, Chennai, Tamil Nadu, dropping a Goods and Services Tax (GST) demand of ₹363,07,96,980. This demand comprised ₹181,53,98,490 for tax and an equal amount for penalty, which was raised by the authority via a Demand Show Cause Notice dated 28th June 2025. The original notice pertained to the reporting of IGST on club membership services instead of CGST and SGST under the TNGST Act, 2017 & CGST Act, 2017.

The Order, received by the company on 24th December 2025 at 12:18 p.m. IST, also concludes the proceedings for the Financial Year 2018-19. This development is a significant positive outcome for the company, resolving a material tax litigation.

This intimation is disclosed on the company's website and filed with the National Stock Exchange of India Limited and BSE Limited.

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