Nature of the Event
Easy Trip Planners Limited has received a Show-Cause cum Demand Notice (SCN) from the Office of the Directorate General of Goods & Services Tax Intelligence, Mumbai Zonal Unit, Mumbai, Maharashtra.
Key Quantitative Figures
The SCN proposes a penalty of approximately ₹67.41 crore in relation to alleged non-collection of Tax Collection at Source (TCS) under Section 52 of the CGST Act, 2017.
Dates of Action
The SCN is dated November 02, 2026, and was received by the company on November 02, 2026. The intimation to the exchanges was made on November 03, 2026.
Parties Involved
The notice was issued by the Directorate General of Goods & Services Tax Intelligence, Mumbai Zonal Unit (DGGI). The opposing party is Easy Trip Planners Limited.
Nature of Dispute
The SCN alleges non-compliance with the obligation of Tax Collection at Source (TCS) under Section 52 of the CGST Act, 2017. The company clarifies that the issue does not raise any demand towards underlying GST or interest, and therefore represents no revenue loss to the exchequer.
Current Status and Actions
The proposed penalty is at the show-cause stage and does not constitute an adjudicated demand or crystalized liability. The company is examining the SCN in detail and shall pursue applicable legal remedies.
Expected Financial Implications
The company is of the considered view that the facts and applicable legal precedents support its position and will be taking necessary actions to defend its case before the appropriate authorities. The company does not expect any immediate financial or operational impact on account of this notice.