GST Authority Withdraws Entire Demand of ₹ 55.2 Crore in Rectification Order for Max Healthcare Institute
Max Healthcare Institute Limited announced that the authority has withdrawn the entire tax demand previously raised against the company following the receipt of a Rectification Order. The order was issued on April 21, 2026, by the Office of the GST Officer/Proper Officer, Ward 96, Zone 9, Department of Trade and Taxes, located in New Delhi.The development marks a conclusion to a proceeding that had initiated with an allegation of excess availment of Input Tax Credit. The Institute had previously intimated the matter on December 30, 2025, concerning the dispute with the Office of the GST Officer (Ward-92&96), Department of Trade and Taxes, GNCT of Delhi, I.P. Estate, Vyapar Bhawan, New Delhi.
The company stated that upon due consideration of the submissions made by Max Healthcare Institute Limited, the GST authority accepted the rectification application. Subsequently, the Rectification Order dated April 21, 2026, officially withdrew the entirety of the demand that had been raised against the entity.
The key details regarding the resolution of the tax dispute are summarized below:
| Particulars | Details |
|---|---|
| Event | Receipt of Rectification Order |
| Order Date | April 21, 2026 |
| Issuing Authority | Office of the GST Officer/Proper Officer, Ward 96, Zone 9, Department of Trade and Taxes, New Delhi |
| Disposition | Withdrawal of entire demand |
| Amount Withdrawn | ₹ 55,20,45,266/- |
This resolution addresses the initial allegation of excess availment of Input Tax Credit that had been under review.
MAXHEALTH Stock Price Movement
On Tuesday, Max Healthcare Institute Limited shares edged higher to close at ₹1020.25, gaining 0.36% for the session. The stock traded on a volume of 1.32 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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