New Delhi, June 29 -- Mahindra Group's hotel chain subsidiary, Mahindra Holidays & Resorts India Ltd, on 28 June 2025, received a state tax notice along with a show cause demand from the State Tax Officer of Tamil Nadu, according to an exchange filing on Sunday, 29 June 2025.

The State Tax Officer of Tamil Nadu has demanded a show cause state GST demand notice asking for over Rs.363.07 crore ( Rs.363,07,96,980) from the company under the provisions of the TNGST Act 2017 and CGST Act, 2017. The state tax demand notice is for the financial year 2018-19.

The filing also highlights that the tax authority has imposed more than Rs.181.53 crore ( Rs.181,53,98,490) in tax demand, along with Rs.181.53 crore ( Rs.181,53,98,490) in penalties for t...