GTPL Hathway Receives GST Order, Plans Appeal
GTPL Hathway Limited has received an order from the Office of the Principal Commissioner of CGST and Central Excise, Chennai North Commissionerate, alleging wrongful availment of input tax credit and short payment of Goods and Services Tax (GST). The order, dated March 23, 2026, stipulates a demand for a differential tax amount of Rs. 11.13 crore, alongside applicable interest and a penalty under the Central Goods and Services Tax Act, 2017, the Tamil Nadu Goods and Services Tax Act, 2017, and the Integrated Goods and Services Tax Act, 2017.The company received the order on March 25, 2026. GTPL Hathway intends to file an appeal against the order.
The financial impact of the order is limited to the amount specified within the order. Company officials have stated that the order will not affect the company's operations or other activities.
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