Narayana Hrudayalaya has received a penalty order of ₹24,62,172 from the GST Authority for alleged non-payment of GST on exempted healthcare revenue for the financial year 2021-22. The company intends to file an appeal against the order. There is no material impact on the company’s financials or operations anticipated from this penalty.
GST Penalty Order Received
Narayana Hrudayalaya has been issued a penalty order by the GST Authority. The order, received on December 2, 2025, imposes a penalty of ₹24,62,172.
Details of the Alleged Violation
The penalty relates to the alleged non-payment of GST on exempted revenue from healthcare services for the financial year 2021-22. The GST Authority alleges non-payment of ₹2,45,27,710. The order also includes an interest component.
Company’s Response and Planned Appeal
The company had previously made representations to the GST Authority, arguing that GST was not applicable to the revenue in question. Narayana Hrudayalaya intends to appeal the order with the relevant appellate authority. The company does not anticipate any material impact on its financials or operations as a result of this order. The appeal process is underway.
Source: BSE