Thomas Cook receives order from Superintendent, Ernakulam, Kochi Kerala
Thomas Cook (India) Limited has received an order dated December 31, 2025, from the Superintendent, Ernakulam, Kochi Kerala. The order confirms a demand amounting to ₹13,73,271, along with applicable ...
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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 reports an order from a tax authority, including a penalty. while the company intends to appeal and states no material financial impact, the imposition of a penalty and demand inherently introduces a neutral to slightly negative tone until resolved.
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Thomas Cook receives order from Superintendent, Ernakulam, Kochi Kerala
December 31, 2025, 01:02 PM
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Thomas Cook (India) Limited has received an order dated December 31, 2025, from the Superintendent, Ernakulam, Kochi Kerala. The order confirms a demand amounting to ₹13,73,271, along with applicable interest under Section 50 of the CGST Act 2017, and imposes a penalty of ₹1,53,668 under Section 73 of the CGST Act 2017.
The company has been notified of alleged violations under Section 73 of the CGST/KGST Act 2017, leading to the penalty. Thomas Cook (India) Limited is taking necessary steps to appeal the order before the appropriate authority, stating that they have a strong case on merits and that there is no material financial or operational impact on the entity.
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