Thomas Cook (India) Limited Receives Order Confirming Demand for GST, Interest, and Penalty
Thomas Cook (India) Limited announced that it received an order from the Commercial Tax Officer, Chennai Central, Tamil Nadu, on May 22, 2026. The order, received after business hours, confirms a demand regarding short payment of GST.The action taken by the authority involves multiple financial components. These include a demand on short payment of Goods and Services Tax (GST) amounting to INR 1,25,434/-, along with applicable interest of INR 1,14,932/-, and a penalty of INR 1,25,434/-. These charges are levied under Section 50 of the CGST Act 2017 and Section 74 of the CGST Act 2017, respectively.
The details of the regulatory order are as follows:
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Name of the authority | Commercial Tax Officer, Chennai Central, Tamil Nadu |
| 2 | Nature and details of the action(s) taken, or order(s) passed | Order confirming demand on short payment of GST amounting to INR 1,25,434/-, applicable interest of INR 1,14,932/-, and penalty of INR 1,25,434/- under Section 50 of CGST Act 2017 & Section 74 of CGST Act 2017 respectively. |
| 3 | Date of receipt of direction or order | May 22, 2026 (received after business hours) |
| 4 | Details of the violation(s)/contravention(s) committed or alleged to be committed | The Company received the order from the Authority levying penalty of INR 1,25,434/- under section 74 of the CGST Act 2017. |
| 5 | Impact on financial, operation or other activities of the listed entity | The Company is evaluating necessary steps ahead with regard to the amount upheld. However, there is no material financial or operational impact on the entity. |
THOMASCOOK Stock Price Movement
Thomas Cook (India) Limited shares shed 1.46% on Friday, closing at ₹91.74, marking a decline of ₹1.36 from its previous close. The stock recorded significant trading activity, with 1.16 million shares transacted during the day's session.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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