Quick Summary
Mahindra Holidays Resorts India Ltd. on Sunday said that they have received a tax notice of over Rs 363 crore for the financial year 2018-19 including penalty, related to reporting of IGST on its club membership services. Date of Notice The show cause notice was issued on 28th June 2025 by the St
Daily Limit Reached
You have reached your daily limit of 2 Free Articles
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited Articles Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now
Already a PRO member? Login here for an ad-free experience.
FAQ :
Mahindra Holidays has received a GST demand notice for ₹363,07,96,980, which includes ₹181,53,98,490 in tax and ₹181,53,98,490 in penalty.
The GST demand notice covers the financial year 2018-19.
The demand is due to the alleged misreporting of IGST on club membership services instead of CGST and SGST, and a sudden decrease in IGST payments since August 2023.
The show cause notice was issued by the State Tax Officer, Anna Salai Central III, Chennai, Tamil Nadu.
Mahindra Holidays intends to take legal steps to challenge the GST demand notice and stated that it does not anticipate any significant financial impact from this issue.
CAclubindia
