Lemon Tree Hotels Subsidiary Receives Partial GST Relief

Fleur Hotels Limited, a material subsidiary of

, has received partial relief in its Goods and Services Tax (GST) appeal. The appellate authority ruled that interest liability would not arise on the irregular Input Tax Credit (ITC) involved in the case. The decision provides relief to the subsidiary on the interest component of the disputed tax matter, although the appeal has been allowed only partially. The development is relevant for investors tracking the group’s tax exposures, regulatory matters and potential financial liabilities. The final impact will depend on the remaining aspects of the dispute and any further proceedings, if applicable. Investors will monitor future disclosures for updates on the case and its implications for the company’s financial position.