Thomas Cook India Receives Tax Demand Order of ₹1.02 Crore
Thomas Cook (India) Limited has received an order dated December 30, 2025, from the Excise and Taxation Officer of State Tax, SGST, Gurugram – Haryana. The order confirms a tax demand of ₹1,02,16,291,...
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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, interest, and penalty, which is a negative financial event.
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Thomas Cook India Receives Tax Demand Order of ₹1.02 Crore
December 30, 2025, 11:49 AM
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Thomas Cook (India) Limited has received an order dated December 30, 2025, from the Excise and Taxation Officer of State Tax, SGST, Gurugram – Haryana. The order confirms a tax demand of ₹1,02,16,291, along with interest amounting to ₹77,83,975 and a penalty of ₹10,21,630.
The penalty was levied under Section 73 of the CGST Act, 2017. The company stated that it is taking necessary steps to appeal against this order before the appropriate authority, believing it has a strong case on merits. Thomas Cook (India) Limited has indicated that there is no material financial or operational impact on the entity as a result of this order.
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