WeWork India received a GST Order-in-Original from CGST Gurugram for the period April 2019 to March 2023.
The order demands ITC recovery of ~₹13.44 Cr (IGST+CGST+SGST) and imposes an equal penalty of ~₹13.44 Cr, totalling ~₹26.87 Cr.
The company contests the order, plans to appeal before Commissioner (Appeals) CGST Gurugram, and foresees no material financial impact.