EIH Associated Hotels Limited — Others, 30-10-2024: Action(s) taken or orders passed

EIH Associated Hotels Limited has disclosed that the Sales Tax Officer, Bhubaneswar, has imposed a penalty of ₹4,74,577 on Trident Bhubaneswar due to incorrect claims of Input Tax Credit from cancelled dealers during FY 2022-23. This penalty is mandated under the Central Goods and Service Tax Act, 2017. The company acknowledges the receipt of this order on the same day. The financial impact corresponds to the penalty amount.