Leela Palaces Hotels & Resorts Limited Receives Order from Central GST Range
Leela Palaces Hotels & Resorts Limited announced on April 1, 2026, that its material subsidiary, Tulsi Palace Resort Private Limited (TPRPL), received an order from the Office of the Superintendent, Central GST Range-XXII, Jaipur. The order confirms a Goods and Services Tax (GST) demand of INR 13,17,995, along with interest and penalty.According to the order, the action was taken alleging that endorsement from the specified officer of the Special Economic Zone (SEZ) is required to evidence receipt of services by the SEZ unit for its authorized operations.
The company reported that the order is not expected to have a material impact on the financial, operational, or other activities of Leela Palaces Hotels & Resorts Limited. TPRPL is currently evaluating legal remedies, including the possibility of filing an appeal against the order.
| Sr. no. | Particulars | Details |
|---|---|---|
| 1 | Name of the Authority | Office of the Superintendent, Central GST Range-XXII, Jaipur. |
| 2 | Nature and details of the action(s) taken or order(s) passed | An Order has been passed confirming a GST demand of INR 13,17,995 along with interest and penalty |
| 3 | Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority. | March 31, 2026 |
| 4 | Details of the violation(s)/contravention(s) committed or alleged to be committed | Alleging that endorsement from the specified officer of the SEZ is required to evidence receipt of services by the SEZ unit for its authorised operations. |
| 5 | Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible | There is no material impact on financial, operational or other activities of the Company. TPRPL is in the process of evaluating appropriate legal remedies available under the applicable laws, including filing an appeal against the said order. |
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.