GST appeal partially allowed in company's favour: revised demand ₹ 3,34,646, penalty ₹ 97,751

GST appeal partially allowed in the company's favour by the Additional Commissioner of CGST (Appeals-I), Chennai.

Thu 1 Oct 2026

Revised GST Demand

₹ 3,34,646

Penalty

₹ 97,751

Earlier Demand

₹ 2,563,372

Disputed Period

July 2017 to March 2020

Appellate Authority

Additional Commissioner of CGST (Appeals-I), Chennai

What the company informed the exchanges

The company has told BSE and NSE about an Order it received from the Additional Commissioner of CGST (Appeals-I), Chennai, received on September 30, 2026 at 5:29 p.m.

This Order is an outcome of an appeal the company had shared against an earlier order from the Assistant Commissioner of GST & Central Excise, Nugambakkam Division, Chennai under Section 73 of the Central Goods and Services Tax Act, 2017. That earlier order had raised a net GST demand of ₹ 2,563,372 (GST + Penalty), excluding interest, for the period from July 2017 to March 2020.

The revised order in numbers

• GST demand: ₹ 3,34,646
• Penalty: ₹ 97,751
• Interest under Section 50 of the Act also applies
• Period involved: July 2017 to March 2020
• Reason cited: computation of Input Tax Credit eligible to the company

The appeal has been partially allowed in favour of the company, and the revised demand is lower than the earlier figure of ₹ 2,563,372, though a demand and a penalty still stand.

What this means in simple terms

Input Tax Credit is the credit a business can set off against the GST it has to pay. Here, the tax authority had questioned how much credit the company could claim, and the appeal has partly gone the company's way.

The company has stated that there is no impact at this stage, and that it would pursue an appeal or evaluate other legal options, including update a writ petition. That means the company does not consider the matter closed at its end.

How to read this

• It is an update on a tax dispute, not a fresh demand on current operations.
• The revised amounts are stated in the update; the company itself has said there is no financial impact at this stage.
• A further appeal or writ petition is a possibility, so the final position may change.
• Investors can track the company's disclosures for the next step in this matter.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.