Easy Trip Planners Limited — Important, 25-02-2025: General Updates

Easy Trip Planners Limited has received an order from the Sales Tax Officer in Delhi imposing a penalty of ₹17.35 lakh under the Delhi Goods and Services Act, the Central Goods and Service Tax Act, and the Integrated Goods and Service Tax Act. The penalty arises from a violation concerning a mismatch in GST liability between GSTR-3B and GSTR-9 and the availment of ineligible Input Tax Credit for the financial year 2020-2021. However, the company anticipates no material impact on its financial, operational, or other activities and is taking appropriate actions, including filing an appeal with the relevant appellate forum. Investors should watch closely for developments regarding the appeal process.