MANIPALHOSManipal Health Enterprises Ltd.

Manipal Health Enterprises' subsidiary receives two GST orders

Legal
Healthcare services

Blacklitt Research30 October 20262 min read

A wooden gavel on a white counter. — Photo by Wesley Tingey on Unsplash (Unsplash License). Illustrative image.

Manipal Health Enterprises (NSE: MANIPALHOS) has received two GST orders against its subsidiary, Manipal Hospitals Eastern India Private Limited, it said in a filing on 30 Oct 2026. The orders, received on 14 Aug 2026 and 11 Sep 2026, confirm demands of ₹3.78 crore and ₹4.23 crore, and the Company says it will exercise its right to appeal.

Order 1: an appeal order on input tax credit and outward supplies

The first order was passed by the Additional Commissioner of Revenue (Appeal), Large Tax payers Unit, Kolkata, West Bengal, under section 107(11) of the CGST Act, 2017. It was issued in an appeal against an original order and confirms a demand of ₹3.78 crore for FY 2019-20 on multiple issues, mainly in relation to input tax credit and outward supplies.

Order 2: a demand linked to drugs and consumables supplied to inpatients

The second order was passed by the Joint Commissioner, Large Tax payers Unit, Kolkata, West Bengal, under section 76(3) read with sections 76(4) and 76(6) of the WBGST/CGST Act, 2017, and section 20 of the IGST Act, 2017. It is in respect of an audit report issued under section 65(6), and it confirms a demand of ₹4.23 crore. The filing describes that demand as relating to supply of drugs and consumables to inpatients. The Company received the order on 11 Sep 2026.

Why the disclosure came after the orders were received

The Company says the delay in intimation was on account of the delayed receipt of the relevant orders and supporting documents. Both orders were received in August and September 2026, and the disclosure is dated 30 Oct 2026.

What the GST orders mean for Manipal Health Enterprises' shareholders

The Company says there is no material impact on its financial, operational or other activities from the intimation of tax payable. Both orders can be appealed, and the Company says it will exercise its right to appeal.

The filing does not say how much tax the subsidiary has paid or must pay, whether an appeal has been filed, or what the orders mean for the Company's results.

At a glance

Item	Detail
Subsidiary	Manipal Hospitals Eastern India Private Limited (formerly Medica Hospitals Private Limited)
Order 1 received	14 Aug 2026
Order 2 received	11 Sep 2026
Demand in Order 1	₹3.78 crore (FY 2019-20)
Demand in Order 2	₹4.23 crore
Disclosed to exchanges	30 Oct 2026

Reference: Original filing (PDF)

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