Thomas Cook India Receives GST Demand Order of ₹39.56 Lakhs
Thomas Cook (India) Limited has received an order dated December 25, 2025, from the Assistant Commissioner, Jaipur-I, Rajasthan. The order confirms a demand for short payment of GST amounting to ₹39,5...
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Why is Thomas Cook (India) Limited in the news today?
Thomas Cook (India) Limited (THOMASCOOK) is in the news due to the company has received a tax demand order and penalty, which is negative. however, they are appealing the order and believe they have a strong case, with no material financial or operational impact, which mitigates the negativity.
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Thomas Cook India Receives GST Demand Order of ₹39.56 Lakhs
December 26, 2025, 10:13 AM
Top Queries to Ask About Thomas Cook (India) Limited
Thomas Cook (India) Limited has received an order dated December 25, 2025, from the Assistant Commissioner, Jaipur-I, Rajasthan. The order confirms a demand for short payment of GST amounting to ₹39,56,181, applicable interest of ₹29,73,313, and a penalty of ₹5,52,566 under Section 50 of the CGST Act 2017 and Section 73 of the CGST Act 2017, respectively.
The company has been levied a penalty of ₹5,52,566 under Section 73 of the CGST Act 2017.
Thomas Cook (India) Limited is taking necessary steps to appeal against the order before the appropriate authority, stating that they have a strong case on merits. The company asserts that there is no material financial or operational impact on the entity due to this order.
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