CHIL Gets Bombay HC Stay on GST Demand

Care Health Insurance Ltd (CHIL), subsidiary of Religare Enterprises, received a Bombay High Court stay on a GST demand order.
The GST demand of ₹17.68 crore plus equal penalty relates to SEZ matters for FY2017-18 to FY2023-24.
The stay is effective until final disposal of the Writ Petition; no financial impact reported at this stage.