BSECompany Update7 Aug 2026 · 7 Aug 2026, 03:04 pm
Disclosure under Regulation 30 of the SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 - Receipt of order-in-Appeal passed by the Additional Commissioner, CGST (Appeals), ....
Le Travenues Technology Ltd · 544192
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Le Travenues Technology Ltd has received an order-in-appeal from the Additional Commissioner, CGST (Appeals), Gurugram, rejecting its appeals against a GST demand of ₹89,80,778 plus interest and penalty. The company maintains a strong case on merits and intends to file a further appeal before the Hon'ble Goods and Services Tax Appellate Tribunal.
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Le Travenues Technology Ltd - 544192 - Disclosure Under Regulation 30 Of The SEBI ( Listing Obligation And Disclosure Requirements) Regulations, 2015 - Receipt Of Order-In-Appeal Passed By The Additional Commissioner, CGST (Appeals ), Gurugram.
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August 07, 2026 LTTL/L&S/2026-27/08/10
The Listing Department, The Listing Department,
National Stock Exchange of India Limited, BSE Limited,
Exchange Plaza, C - 1, Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai - 400 051 Mumbai - 400 001
Maharashtra, India Maharashtra, India
Dear Sir/Madam,
Sub : Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Receipt of Order-in-Appeal passed by the
Additional Commissioner, CGST (Appeals), Gurugram
Ref : Le Travenues Technology Limited (the “Company”)
NSE Symbol: IXIGO and BSE Scrip Code: 544192
In furtherance to our letter numbered LTTL/L&S/2024-25/02/07 dated February 05, 2025,
regarding receipt of Order dated January 31, 2025, from the Assistant Commissioner, CGST,
Gurugram, Haryana, and in compliance with the provisions of Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended, (the “SEBI Listing
Regulations”) please note that the Company has received Order-in-Appeal dated June 24,
2026, received on August 06, 2026, passed by the Additional Commissioner, CGST (Appeals),
Gurugram, whereby the appeals filed by the Company against the Order dated January 31,
2025, have been rejected.
The Company believes it has a strong case on merits, particularly as the dispute relates to
classification of services rendered to overseas entities as ‘intermediary services’ rather than
export of services, and intends to pursue the matter by filing a further appeal before the Hon’ble
Goods and Services Tax Appellate Tribunal within the prescribed time
The requisite details pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI
Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated till January 30, 2026,
and Industry Standards Note on Regulation 30 of the SEBI Listing Regulations, are enclosed
herewith and marked as Annexure A.
In respect of the captioned matter, I, the undersigned, state and declare that the information and
details provided in Annexure A, in compliance with Regulation 30(13) of the SEBI Listing
Regulations, is true, correct and complete to the best of my knowledge and belief.
This announcement will also be available on the website of the Company at www.ixigo.com.
This is for your information and records.
For Le Travenues Technology Limited
Suresh Kumar Bhutani
(Group General Counsel, Company Secretary & Compliance Officer)
Annexure A
S. No. Particulars Details
1. Name of the listed Le Travenues Technology Limited
company
2. Type of communication Order-in-Appeal No. 355-360/CGST/APPEALS/GGM/
received LKG/2026-27 dated June 24, 2026, passed under
Section 107(11) of the CGST Act, 2017 read with
Section 20 of the IGST Act, 2017
3. Date of receipt of August 06, 2026 at 03:25 P.M. (IST)
communication
4. Authority from whom Additional Commissioner, CGST (Appeals), Gurugram
communication received
5. Brief summary of the The Company has received Order-in-Appeal passed
material contents of the by the Additional Commissioner, CGST (Appeals),
communication, including Gurugram, whereby the six appeals filed by the
reasons for receipt of the Company against the Order-in-Original dated January
communication 31, 2025, passed by the Assistant Commissioner,
Division - East – 2, Central Tax, CGST Gurugram,
have been rejected.
The Order-in-Original had confirmed a demand of GST
of ₹89,80,778 plus applicable interest and penalty of
₹89,80,778 for the period from July 01, 2017 to March
31, 2023 (FYs 2017-18 to 2022-23), on the ground that
the services rendered by the Company to overseas
entities (including Booking.com B.V., Netherlands)
were in the nature of ‘intermediary services’ under
Section 2(13) read with Section 13(8)(b) of the IGST
Act, 2017, and not export of services under Section
2(6) of the IGST Act, 2017.
The Company maintains a strong case on merits and
intends to file a further appeal before the Hon’ble
Goods and Services Tax Appellate Tribunal against the
said Order-in-Appeal within the prescribed time.
6. Period for which July 01, 2017 to March 31, 2023 (FYs 2017-18 to
communication would be 2022-23)
applicable, if stated
S. No. Particulars Details
7. Expected financial The disputed demand continues to comprise GST of
implications on the listed ₹89,80,778, interest as applicable, and a penalty of
company, if any ₹89,80,778. There is no change in the quantum
previously disclosed by the Company on February 05,
2025.
The Company maintains a strong case on merits, with
no material financial implications expected, save for
the legal and other expenses to be incurred in
contesting the matter. The Company intends to file a
further appeal before the Hon’ble Goods and Services
Tax Appellate Tribunal against the said Order-in-
Appeal within the prescribed time.
8. Details of any aberrations/ Please refer to the details provided under S. No. 5
non-compliances above.
identified by the authority
in the communication
9. Details of any penalty or GST of ₹89,80,778 plus applicable interest and penalty
restriction or sanction of ₹89,80,778, as confirmed by the Order-in-Original
imposed pursuant to the dated January 31, 2025, and upheld vide the Order-in-
communication Appeal dated June 24, 2026.
10. Action(s) taken by listed The Company maintains a strong case on merits and
company with respect to intends to file a further appeal before the Hon’ble
the communication Goods and Services Tax Appellate Tribunal against the
said Order-in-Appeal within the prescribed time.
11. Any other relevant Nil
information