Easy Trip Planners receives ₹67.41 crore GST penalty notice
Easy Trip Planners received a Show-Cause cum Demand Notice from DGGI proposing a penalty of ₹67.41 crore for alleged non-compliance with Tax Collection at Source (TCS) under the CGST Act. The company is examining the notice and will pursue legal remedies, expecting no immediate financial or operational impact.
While the company states no immediate financial or operational impact is expected, a penalty of ₹67.41 crore is substantial and could have future implications if the case is not resolved favorably.
The company has received a significant penalty notice from GST authorities, which inherently carries a negative sentiment despite the company's assertion of no immediate impact.
Easy Trip Planners Limited has announced that it has received a Show-Cause cum Demand Notice (SCN) dated November 02, 2026, from the Directorate General of Goods & Services Tax Intelligence (DGGI), Mumbai Zonal Unit. The SCN alleges non-compliance with the obligation of Tax Collection at Source (TCS) under Section 52 of the CGST Act, 2017. The DGGI proposes a penalty of approximately ₹67.41 crore in relation to the alleged non-collection of TCS.
The company has stated that the issue does not raise any demand towards underlying GST or interest against the Company, and thus represents no revenue loss to the exchequer. The proposed penalty is at the show-cause stage and does not constitute an adjudicated demand or crystallized liability.
Easy Trip Planners Limited is examining the SCN in detail and will pursue applicable legal remedies. The company does not expect any immediate financial or operational impact on account of this notice. The company believes that the facts and applicable legal precedents support its position and will take necessary actions to defend its case before the appropriate authorities.
What to do with a filing like this
Easy Trip Planners Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Easy Trip Planners Limited. Read the original for the full detail.