IRCTC loses anti-profiteering case; ordered to pay about Rs 50 crore
IRCTC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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GSTAT passed a final order on 14 Oct 2026 accepting the DGAP anti-profiteering report against IRCTC. IRCTC must deposit about Rs 50.41 crore (Rs 50,41,44,461) as profiteered amount plus 18% interest from 28 Jun 2019, split 50:50 between Central and State Consumer Welfare Funds within 30 days. An extra 10% penalty applies if delayed. IRCTC is filing an appeal.
Negative. Potential liability of about Rs 50 crore plus 18% interest and a 10% penalty risk if appeal fails. Cash outflow possible in the near term.