Max Healthcare Receives GST Rectification Relief; Rs 55.20 Crore Demand Withdrawn:

Max Healthcare received a GST demand of RS 55 crore for excess ITC. The company filed a rectification request, and after review, authorities accepted its explanation and withdrew the entire demand.

GST Authorities Withdraws Earlier Demand

Kashish Bhardwaj

Apr 23, 2026

Last update on Apr 23, 2026

Max Healthcare Receives GST Rectification Relief; Rs 55.20 Crore Demand Withdrawn Max Healthcare Institute Limited has informed the National Stock Exchange of India and BSE Limited that it has received a rectification order from the GST authority on 21 April 2026 at 12:27 PM, passed by the GST Officer of the Department of Trade and Taxes, New Delhi. This disclosure has been made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The case dates back to December 30, 2025, when the company had already informed the exchanges that they had received an order from the GST department. An allegation was made in this order that the company has claimed excess Input Tax Credit (ITC). Due to this, the GST authority had raised a demand of approximately Rs 55.20 crore against the company. The company did not agree to this and decided to give clarification from its side. For this, they filed a rectification application, in which they explained their position and submitted the necessary documents. The GST authority reviewed the company's submissions in detail. After review, the authority passed a new order on 21 April 2026, in which they accepted the company's proposal. In this new order, the earlier demand raised was withdrawn. Key Details of Order

Field	Details
Company Name	Max Healthcare Institute Limited
Stock Symbol	MAXHEALTH
Exchanges Notified	NSE, BSE
Authority	GST Officer, Ward 92 & 96, Department of Trade and Taxes, Delhi
Nature of Case	Alleged excess availment of Input Tax Credit
Original Order Date	December 2025 30th
Rectification Order Date	April 21st, 2026
Demand Amount	Rs 55,20,45,266
Reason for Outcome	Acceptance of rectification application and company submissions
Time of Receipt	12:27 PM IST