EIH Associated Hotels Limited announced that The State Tax Officer, Chennai vide its order dated 25 April 2024 has levied a penalty of INR 109,680 under Section 73 of the Central Goods and Service Tax Act, 2017 on Trident Chennai, one of the hotels of the Company. The penalty is related to ineligible Input Tax Credit (ITC) on Works Contract for the Financial Year 2018-19. The Joint Commissioner (State Tax), Jaipur vide its order dated 25th April 2024 has levied a penalty of INR 99,691 under Section 73 of the Central Goods and Service Tax Act, 2017 on The Oberoi Rajvilas, one of the hotels of the Company. The penalty is related to Input
Tax Credit (ITC) claimed from cancelled dealers, return defaulters & non-taxpayers for the Financial Year 2018-19.