Urban Company hit with ₹56 crore GST demand, faces tax dispute

Urban Company has received a ₹56.4 crore GST demand and penalty notice from Maharashtra tax authorities for alleged unpaid tax from April 2021 to March 2025, based on a broader interpretation of services subject to GST. The company plans to appeal the order, arguing its tax treatment is correct, and says the notice won’t affect its operations or finances.