Indian Railway Catering And Tourism Corporation Limited — Important, 24-10-2024: General Updates

IRCTC has received a Demand cum Show Cause notice from the GST & Central Excise Commissioner in Chennai, requiring payment of ₹41,35,872 for GST and an equivalent penalty related to the company's ITC claims from 2017-2020. The company states that this will have no significant impact on operations, with financial implications confined to the penalty amount specified.