Announced Mon, 27 Jul · 19:56 IST
Thomas Cook loses GST appeal, plans to approach Appellate Tribunal
THOMASCOOK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Thomas Cook (India) received an order on July 27, 2026 from the Senior Joint Commissioner, Behala, West Bengal, dismissing its appeal against a GST demand of INR 10.57 lakh plus interest of INR 7.79 lakh and penalty of INR 1 lakh under the CGST Act for short payment of GST. The company plans to appeal before the GST Appellate Tribunal, citing strong merits on the case. The company has stated there is no material financial or operational impact.
Likely market impact
Small penalty relative to company size; further appeal planned. No material impact on financials or operations.