GST appeal decided against the company; Rs. 47.77 lakhs liability upheld

Innovators Facade Systems has received a GST (Appeal) Order dated 01/10/2026 from the Office of Commissioner of Central Tax (Appeal-1), Bengaluru.

Thu 1 Oct 2026

GST Liability Upheld

Rs. 47.77 lakhs

Penalty Upheld

Rs. 4.81 lakhs

Financial Year

2018-19

Order Date

01/10/2026

Issuing Authority

Office of Commissioner of Central Tax (Appeal-1), Bengaluru

What the company informed the exchange

Innovators Facade Systems Ltd has told BSE that it has received a GST (Appeal) Order through email dated 01/10/2026 from the Office of Commissioner of Central Tax (Appeal-1), Bengaluru. The update relates to financial year 2018-19 under the Central Goods and Services Tax Act, 2017.

The outcome of the appeal

• The appeal has been decided against the company.
• The original GST liability of Rs. 47.77 lakhs has been upheld, along with interest, which the update notes is subject to re-computation.
• A penalty of Rs. 4.81 lakhs has also been upheld.
• The matter pertains to financial year 2018-19.

In simple terms

A GST demand was raised on the company for an earlier period, the company challenged it before the appellate authority, and that authority has now decided the matter in favour of the department rather than setting the demand aside. The demand therefore stands as originally raised, with interest on it to be re-computed and a separate penalty amount also upheld.

What the company says it will do

• The company is evaluating the order.
• It will take appropriate action in the matter, including any appeal with a higher authority.

Management's view on impact

• Management believes the order does not have any material impact on the financials, operations or other activities of the company.

What investors may watch

• The amount involved is Rs. 47.77 lakhs as liability plus Rs. 4.81 lakhs as penalty, with interest still to be re-computed.
• The company's stated position is that it may take the matter to a higher authority, so the dispute may continue beyond this order.

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