Gujarat High Court quashes GST notice of ₹34.83 crore for Siemens
Gujarat High Court quashed show cause notice proposing GST levy of ₹34.83 crore for Siemens related to transfer of leasehold interest in property at Halol, Gujarat.
The impact is low because it resolves an existing issue, preventing a potential expense rather than creating new value or significantly altering the company's operations.
The news indicates a favorable outcome for Siemens as the High Court quashed the GST notice, removing a potential financial liability.
* Siemens Limited received an order from the Hon’ble Gujarat High Court on 26th November 2025, quashing a show cause notice (SCN). * The SCN, issued by the Joint Commissioner, Central GST & Excise, Vadodara I Commissionerate, proposed a GST levy of ₹34.83 crore along with applicable interest and penalty. * The levy was related to the transfer and assignment of the company’s leasehold interest in a property located at Halol, Gujarat. * Siemens had filed a Writ Petition challenging the SCN, and the High Court quashed it based on earlier decisions on similar matters.
What to do with a filing like this
Siemens Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Siemens Limited. Read the original for the full detail.