Max Healthcare Receives Appeal Order on GST Demand, Revises Liability
Max Healthcare received a partial appeal order on a GST demand. The revised liability stands at ₹85.36 lakh for GST, ₹85.36 lakh for penalty, and ₹6.89 lakh for interest. The company is filing a further appeal for the balance demand.
The revised demand amount is relatively small compared to the company's overall financials, and the company has stated no other significant impact on its operations.
The company received a partly favorable order, reducing the initial demand, but still has a remaining liability and plans to appeal further. This indicates a mixed outcome.
Max Healthcare Institute Limited has received an appeal order from the Office of the Commissioner of Central Tax Appeal -II, Delhi, concerning a previous demand for GST, interest, and penalty for the period FY 2017-18 to FY 2020-21. The company had initially faced a GST demand (including interest) of ₹2,59,85,149 and a penalty of ₹2,53,68,600.
The appellate authority has partly allowed the appeal, deleting a tax demand of ₹1,67,32,520, a penalty demand of ₹1,68,32,520, and an interest demand of ₹27,217. Consequently, the revised demand amount stands at ₹85,36,080 for GST, ₹85,36,080 for penalty, and ₹6,89,332 for interest.
The company received this order on February 20, 2026, at 8:50 PM IST. The matter pertains to alleged discrepancies related to Goods and Services Tax, specifically involving Input Tax Credit and tax recovery. Max Healthcare has stated that other than the revised amount to be paid, there is no other impact on its financial, operational, or other activities. The management is currently in the process of filing a further appeal against the order for the balance GST demand.
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Max Healthcare Institute Limited filed this with the NSE as a statutory disclosure, categorised under regulatory impact. 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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See the model portfoliosA plain-language summary of a public exchange filing by Max Healthcare Institute Limited. Read the original for the full detail.