Schneider Electric Infrastructure534139Tax or GST
GST appellate authority rejects appeal, upholds INR 5,04,071 demand and equal penalty
GST appellate order goes against the company.
By ScoutQuest · · 2 min read
INR 10,08,142Total quantified amount involved
Transitional input tax credit demand upheldINR 5,04,071
Penalty upheldINR 5,04,071
- Transitional input tax credit demand
- INR 5,04,071
- Penalty upheld
- INR 5,04,071
- Total quantified amount
- ~INR 10.08 lakh plus applicable interest
What the order says
- The Joint Commissioner, CGST & CX, Kolkata Appeal-I Commissionerate has rejected the appeal shared by the company.
- The appellate authority upheld the Order-in-Original dated July 16, 2024 passed by the earlier adjudicating authority.
- Three things stand upheld: the demand on transitional input tax credit of INR 5,04,071, interest payable under the GST law to the extent applicable, and a penalty of INR 5,04,071.
- The quantified amount involved is therefore ~INR 10.08 lakh plus applicable interest.
Background of the dispute
- The matter relates to transitional input tax credit of INR 5,04,071 claimed by the company under Form GST TRAN-1 for FY 2017-18, covering three invoices or tax-paying documents.
- The authorities alleged that these documents were recorded in the books of account on July 31, 2017, beyond the prescribed period, and that no extension of the prescribed period had been granted by the competent authority.
- The appellate authority upheld the finding that this transitional credit was not admissible, along with the consequential interest and penalty.
What the company says
- There is no material impact on the financials, operations or other routine business activities.
- The impact will be limited to the extent of the liability as per the order.
- The company is evaluating the order and an appropriate legal remedy.
How to read this
- This is an update to an earlier disclosure about the same FY 2017-18 input tax credit matter; the appeal stage has now gone against the company.
- The quantified amount, ~INR 10.08 lakh plus interest, is what the company itself has put on record as the sum involved.
- The company has stated that the financial impact is limited to this liability and is not material to its financials.
- The company has said it is evaluating further legal options, so the matter may not be at its final stage.
Also from Schneider Electric Infrastructure
GST appeal disallowed; ITC demand of INR 3,25,15,502 plus penalty upheld
28 Sep 2026
More numbers
- Transitional input tax credit demand upheldINR 5,04,071
- Penalty upheldINR 5,04,071
- Total quantified amount involvedINR 10,08,142
- Invoices/tax-paying documents involvedthree
Source: BSE · 18 Oct 2026
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