Awfis Space Solutions has fully resolved its ongoing GST litigation with the Office of the Commercial Tax Officer, Chennai Central, Tamil Nadu, following the receipt of final orders on May 12, 2026. The company disclosed the development to stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in furtherance of its earlier disclosure dated May 4, 2026. With the latest orders, proceedings across all six financial years — FY 2019-20 through FY 2024-25 — now stand concluded, and the company has paid the residual interest liability of INR 55,568 on May 12, 2026.

Background of the Litigation

The litigation was initiated on June 25, 2025, following an inspection conducted at the company's premises on November 6, 2024, during which the GST department sought documents and details related to FY 2019-20 to FY 2024-25. The total amount originally involved in the case was INR 7,61,11,128. The company had been filing replies to notices for each financial year separately, and final orders under Section 74 of the applicable GST Act were issued in the form of DRC-07 in a phased manner.

Orders Received Prior to May 12, 2026

In the earlier phase of the resolution, the GST Department issued final orders dropping demands for three financial years. The details of those orders are as follows:

Accordingly, proceedings for these three years had concluded with no demand or liability subsisting in respect of the total amount of INR 2,96,64,251.

Latest Orders: Remaining Years Concluded

On May 12, 2026, the GST Department issued final orders under Section 74 in the form of DRC-07 for the three remaining financial years. While the principal tax demands for these years were dropped, the department raised limited interest demands with respect to CGST and SGST for each year. The details of the latest orders are as follows:

The total principal demand dropped for FY 2020-21, FY 2021-22, and FY 2022-23 amounts to INR 4,64,16,877, with no other liability subsisting for these years apart from the aggregate interest of INR 55,568.

Full Resolution and Interest Payment

With the conclusion of proceedings for all six financial years, the GST litigation initiated by the Chennai Central authority stands fully resolved. The company confirmed that the aggregate interest of INR 55,568 pertaining to FY 2020-21, FY 2021-22, and FY 2022-23 has been duly paid on May 12, 2026. No further demands or liabilities subsist in connection with the original case spanning FY 2019-20 to FY 2024-25.

Awfis Space Solutions has expanded its presence in Chennai with the launch of a new premium workspace facility spanning 114,000 sq. ft. The addition marks a notable step in the company's ongoing effort to strengthen its footprint across major Indian commercial centres, with Chennai being a key market in South India.

New Chennai Facility at a Glance

The newly added workspace brings a substantial amount of premium managed office space to Chennai, catering to the growing demand for flexible and professional work environments in the city. The facility, at 114,000 sq. ft., represents one of the larger workspace additions by Awfis Space Solutions in the region.

Strengthening Regional Footprint

Chennai continues to be a significant destination for managed and flexible workspace providers, driven by the presence of large corporates, technology firms, and growing startups. Awfis Space Solutions' latest expansion in the city reflects the sustained demand for quality office infrastructure in the region. The 114,000 sq. ft. facility adds meaningful capacity to the company's existing portfolio in South India, reinforcing its position as a prominent player in India's managed workspace sector.