Ashiana Housing faces GST scrutiny at Bhiwadi unit, makes interim payment of Rs1.5 crore
Realty firm Ashiana Housing Ltd on Tuesday (December 10) reported a search conducted by the Directorate General of GST Intelligence (DGGI), Jaipur zonal unit, at its Treehouse Hotel Club and Spa premises in Bhiwadi. The search, carried out under Section 67(2) of the CGST Act, 2017, began on December 5, 2024, and concluded on December 6, 2024.
"This is to inform you that the Directorate General of GST Intelligence conducted a search under subsection (2) of Section 67 of the CGST Act, 2017, at the premises of Treehouse Hotel Club and Spa, Bhiwadi (a unit of Ashiana Housing Limited), from 11:50 AM on 05.12.2024 to 4:15 PM on 06.12.2024,
" Ashiana Housing said in a regulatory filing. During the investigation, DGGI officials identified an error in the computation of GST liability. The issue arose from an incorrect application of GST rates on food and beverage services billed by the restaurant within the hotel.
Recognising the mistake, Ashiana Housing has proactively deposited Rs.1.5 crore as an interim payment using the DRC-03 mechanism. The company has assured authorities that a thorough review and reconciliation of records is ongoing to determine the final GST liability. Any additional dues identified during this process will be promptly discharged.
