LEMONTREE NSE filing

Lemon Tree Subsidiary Fleur Hotels Receives Tax Demand Order

The RealCase readLow impact Neutral

Fleur Hotels Limited, a subsidiary of Lemon Tree Hotels, received a tax demand order for ₹33,54,487 plus penalties from the Customs, Excise and Service Tax Appellate Tribunal. The demand relates to CENVAT credit availed for services between July 2012 and March 2013. The company is assessing legal remedies.

Why it matters

The company explicitly states that there is no material impact on financial operations beyond the amount specified in the order. The amount itself is relatively small in the context of a large hotel chain's operations.

The market read

The announcement details a tax demand order received by a subsidiary. While it involves a financial demand and penalty, the company states there is no material impact on its operations and is evaluating legal remedies, indicating a neutral stance.

Lemon Tree Hotels Limited announced that its material subsidiary, Fleur Hotels Limited, has received an order from the Customs, Excise and Service Tax Appellate Tribunal, Hyderabad on June 03, 2026.

The order confirms a demand for service tax amounting to ₹33,54,487, along with penalties under Section 76 and 77(2) of the Finance Act, 1994, for the period from July 2012 to March 2013. The alleged contravention pertains to the CENVAT credit wrongly availed on Maintenance and Repair Service, Internet Service, and Courier Service.

Fleur Hotels Limited is currently evaluating the available legal remedies and will take appropriate legal action in due course. The company stated that there is no material impact on its financial operations beyond the specified amount in the order.

Filing to action

What to do with a filing like this

Lemon Tree Hotels Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Lemon Tree Hotels Limited. Read the original for the full detail.

View original filing