Apeejay Surrendra Park Hotels Limited Receives Order from the Office of Assistant Commissioner (ST) Pondy Bazaar Assessment Circle, Chennai
May 15, 2024 at 05:09 pm IST
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Apeejay Surrendra Park Hotels Limited received an order under the Central Goods and Services Tax Act, 2017. Name of the Authority: Office of the Assistant Commissioner (ST) Pondy Bazaar Assessment Circle, Chennai. Nature and details of the action(s) taken, initiated or order(s) passed: Order passed under relevant provisions of the Tamil Nadu Goods and Service Tax Act, 2017 for the Fiscal Year 2018-19 and, inter-alia, imposed a penalty of INR 202,108 under Section 73 of the TNGST Act, 2017. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: Physical copy of the order was received on May 14, 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed: Discrepancies noted in the tax liability declared in the Form GSTR-3B. Impact on financial, operation or other activities of the listed entity,
quantifiable in monetary terms to the extent possible: The order has no material impact on financials, operations or other activities of the Company.
Apeejay Surrendra Park Hotels Limited is engaged in the hospitality business of owning and operating hotels in India. Its segments include Hospitality and Others. It operates under five brands: THE Park, THE Park Collection, Zone by The Park, Zone Connect by The Park and Stop by Zone. THE Park hotels are located in Bangalore, Chennai, Goa, Hyderabad, Indore, Kolkata, Mumbai, Navi Mumbai, New Delhi and Visakhapatnam. THE Park Collection includes THE Park Calangute Goa, THE Park Baga River Goa, THE Vaadhyarâs House, THE Denmark Tavern, a heritage hotel, THE Park Chettinad, and the Ran Baas in Patiala. Zone by The Park has its presence in Bengaluru, Coimbatore, Chennai ORR, Delhi, Dimapur, Gopalpur, Jaipur, Jammu, Jodhpur, Kolkata, Pathankot, Phalodi-Jodhpur. Zone Connect is a mid-scale brand, which has four hotels in Goa, Coimbatore, Port Blair, New Delhi, and Mussoorie. It also operates in the retail food and beverage industry through Flurys, a patisserie on Park Street in Kolkata.