Tulsi Palace Resort Private Limited, a material subsidiary of Leela Palaces Hotels & Resorts Limited, has received a tax order from the Central GST authorities. The order demands INR 13,17,995, inclusive of interest and penalties. The company has clarified that this development has no material impact on its financial, operational, or other business activities. Management is currently reviewing the order and evaluating potential legal remedies, including filing an appeal against the ruling.
Details of the Tax Order
On March 31, 2026, Tulsi Palace Resort Private Limited was served an order from the Office of the Superintendent, Central GST Range-XXII, Jaipur. The order confirms a GST demand amounting to INR 13,17,995, which incorporates both interest and penalties.
Basis of the Claim
The regulatory authority issued this demand alleging that an endorsement from a specified officer of the Special Economic Zone (SEZ) is required to evidence the receipt of services by the SEZ unit for its authorized operations. The company is now in the process of reviewing this assessment to determine its formal response.
Impact and Future Outlook
Leela Palaces Hotels & Resorts Limited has confirmed that the order has no material impact on the company’s financial standing or its day-to-day operations. As part of its standard regulatory procedure, the subsidiary is actively evaluating appropriate legal remedies under the applicable laws and intends to pursue an appeal against the order to address the authority’s findings.
Source: BSE
