Indian Railway Catering And Tourism Corporation Limited has informed the Exchange about General Updates
IRCTC · price
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Awaiting price reaction for this filing.
IRCTC has informed the exchanges about receiving a GST Order-In-Original from the Office of the Assistant Commissioner, CGST Delhi South, dated 30 December 2025. The order relates to Financial Year 2018-19 and concerns non-payment of GST liability under the reverse charge mechanism. The total demand raised is ₹3.05 Lakhs, split equally between tax (₹1,52,675) and penalty (₹1,52,675). The company has stated that the penalty is litigative in nature and intends to contest the order before the appropriate Appellate authority within the stipulated timelines. This is a routine disclosure made under SEBI Listing Regulations to keep the market informed of any regulatory orders.
The financial exposure is negligible at just ₹3.05 Lakhs relative to IRCTC's overall size, so there is no material impact on operations or shareholder value. Since the company plans to appeal, the final outcome may be further reduced or quashed. Shareholders should view this as a routine minor tax dispute disclosure with no bearing on the stock price.