Thomas Cook (India) Limited has informed the Exchange about Action(s) initiated or orders passed.
THOMASCOOK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Thomas Cook (India) has informed exchanges that the Appellate Authority in Behala, West Bengal has rejected the company's appeal (originally filed on July 2, 2025) against a GST demand related to non-payment of GST on inward supplies under reverse charge. The confirmed demand is INR 1,99,322, plus interest of INR 1,35,660 and a penalty of INR 20,000 (total ~INR 3.55 lakhs). The order was received on April 17, 2026. The company is planning to further appeal this order before the Appellate Tribunal and believes it has a good case on merits. The company has stated there is no material financial or operational impact from this order.
The financial impact is very small (under INR 4 lakhs total) and the company has stated it is not material. The stock price is unlikely to be meaningfully affected, though it signals ongoing scrutiny of the company's GST compliance on reverse charge supplies.