Thomas Cook (India) Limited has received an order from the Commercial Tax Officer in Chennai Central, Tamil Nadu, regarding a shortfall in Goods and Services Tax (GST) payments. The company is currently reviewing the tax authority’s assessment, which includes the principal amount, interest, and penalties. Management has stated that there is no material financial or operational impact on the company’s ongoing business activities as it determines its next steps.
Details of the Tax Order
Thomas Cook (India) Limited was issued an order by the Commercial Tax Officer, Chennai Central, on May 22, 2026. The communication, received after business hours, highlights a demand related to the short payment of GST. The total liability cited in the order comprises three main components: a principal tax demand of INR 1,25,434, applicable interest of INR 1,14,932, and a penalty amounting to INR 1,25,434.
Company Response and Operational Impact
Following the receipt of this order, the company is actively evaluating the necessary procedural steps to address the findings of the tax authority. Despite the specific financial figures involved in the assessment, the company has clarified that the order does not pose a material financial or operational impact on its overall business performance or daily activities.
The company maintains its commitment to compliance and is currently assessing the merits of the demand before deciding on further action regarding the amount upheld by the authorities.
Source: BSE
