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Home»India»FIR against OYO, founder Ritesh Agarwal over ‘wrong’ GST notice of Rs 2.66 crore | India News
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FIR against OYO, founder Ritesh Agarwal over ‘wrong’ GST notice of Rs 2.66 crore | India News

April 14, 2025No Comments2 Mins Read
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A resort in Jaipur has lodged an FIR in opposition to journey reserving platform OYO after it acquired GST notices price crores, claiming that the discover was on the premise of “incorrect data supplied by OYO.

The FIR was lodged on a grievance by Madan Jain, related to Samskara Resorts, in Jaipur’s Ashok Nagar police station final week. Jain stated that Samskara Resorts acquired a GST present trigger discover of Rs 2.66 crore. Within the FIR, Jain has stated that “to indicate an inflated annual turn-over, 1000’s of faux bookings had been proven within the title of Samskara resort”.

The FIR names Oravel Stays Non-public Restricted or OYO, in addition to Ritesh Agarwal, the founder and group CEO of OYO, and a number of other others, and has been lodged for dishonest, felony breach of belief, forgery and felony conspiracy beneath the Bharatiya Nyaya Sanhita (BNS).

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The FIR states that Samskara Resort in Jaipur gives providers by way of on-line reserving in addition to walk-in. Jain stated that an settlement was signed between Samskara and OYO on April 18, 2019, for 12 months, however OYO allegedly additionally confirmed bookings in Samskara for monetary years 2018-19, 2019-20, and 2020-21.

The FIR states that between April 18, 2019 and April 20, 2020, OYO supplied Samskara a enterprise of Rs 10.95 lakh for which the GST was paid by the resort. Nonetheless, OYO has allegedly proven a enterprise of Rs 22.22 crore with Samskara, for which the GST Rs 2.66 crore GST invoice is pending, other than penalty.

Husain Khan, president of Lodge Federation of Rajasthan, alleged that about 20 accommodations have acquired GST notices on the premise of inflated payments allegedly proven by OYO. He stated that OYO has had a “poor report” with accommodations and 4 years in the past too “we had campaigned in opposition to it, with 125 accommodations displaying banners outdoors the accommodations stating that we’re not accepting OYO bookings”.

OYO spokesperson Abhishek Sinha couldn’t be reached for feedback.

© The Indian Categorical Pvt Ltd



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Agarwal crore FIR founder GST India news notice OYO Ritesh wrong
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