Thomas Cook India Receives Order for GST Short Payment of ₹27.33 Lakhs
Thomas Cook (India) Limited has received an order from the Commercial Tax Officer, Chennai Central, Tamil Nadu, dated December 22, 2025. The order confirms a demand on short payment of GST amounting t...
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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 announcement details a tax demand, interest, and penalty, which is a negative event. however, the company has stated there is no material financial or operational impact, and they are evaluating further steps, which balances the sentiment to neutral.
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Thomas Cook India Receives Order for GST Short Payment of ₹27.33 Lakhs
December 23, 2025, 10:21 AM
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Thomas Cook (India) Limited has received an order from the Commercial Tax Officer, Chennai Central, Tamil Nadu, dated December 22, 2025. The order confirms a demand on short payment of GST amounting to ₹27,33,334/-, applicable interest of ₹18,08,942/-, and a penalty of ₹2,73,334/-. These are under Section 50 of the CGST Act 2017 and Section 73 of the CGST Act 2017, respectively.
The company is evaluating the necessary steps regarding the partial amount upheld. However, Thomas Cook (India) Limited has stated that there is no material financial or operational impact on the entity from this order.
This intimation is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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