Delta Corp Receives GST Orders: Total Demand ₹116.43 Crore
Delta Corp and its subsidiaries received GST orders totaling ₹116.43 crore, including ₹79.32 crore for actionable claims and ₹37.11 crore for mixed supply (casino entry packages). Penalties and interest have also been levied. The company is evaluating the orders for potential appeals.
The substantial GST demand and penalties of over ₹116 crore, along with potential interest and penalties, will have a significant financial impact on the company.
The company has received significant GST demands and penalties, which will negatively impact its financial standing.
Delta Corp Limited and its subsidiaries, Highstreet Cruises and Entertainment Private Limited (HCEPL) and Delta Pleasure Cruise Company Private Limited (DPCCPL), have received orders dated September 25, 2026, from the Additional Commissioner, Central Goods and Services Tax, Goa Commissionerate, concerning differential GST demands for the period between July 2017 and March 2022.
The orders include a total differential GST demand of ₹79.32 crore related to the valuation of actionable claims. This demand is calculated based on the value of chips sold, with GST applied at 18% for July 1, 2017, to January 24, 2018, and 28% thereafter. Interest at 18% per annum has also been levied on these amounts from October 1, 2023.
Additionally, a demand of ₹37.11 crore has been made for mixed supply, specifically for casino-entry packages, taxed at 28%. Interest at 18% per annum is applicable from the due date of payment. Penalties equivalent to the differential GST demand have also been imposed on the company and its subsidiaries.
The company and its subsidiaries are evaluating these orders and may file appeals within the prescribed timelines. Proceedings related to the casino in Sikkim for the same period remain pending.
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