GTPL Hathway faces ₹13.56 crore tax penalty, plans appeal

GTPL Hathway Limited announced it received an order on December 23, 2025, from the Joint Commissioner, CGST and Central Excise, Ahmedabad North, levying a penalty of ₹13.56 crore. The penalty, issued under Section 74 of the Central Goods and Services Tax Act, 2017, and related state acts, pertains to an alleged excess availment of input tax credit by the company. The order also mandates the recovery of the differential tax amount of ₹13.56 crore, along with applicable interest.

The company plans to appeal against the order. While the financial impact is limited to the penalty amount, GTPL Hathway confirmed that there is no impact on its operations or other business activities. The intimation of this order was received by the company via email on December 26, 2025.