Receipt of Demand Orders Relating to GST
Schneider Electric Infrastructure received demand orders regarding short payment of tax and ITC availment. The company is evaluating legal remedies and anticipates no material impact.
The company states that there is no material impact on financials, operations, or other routine business activities, limiting the impact to the extent of the liability.
The announcement discusses demand orders related to short payment of tax, which indicates potential financial liabilities and regulatory concerns.
* Schneider Electric Infrastructure Limited received Demand Orders on November 24, 2025, from the Joint Commissioner, Common Adjudicating Authority, CGST Commissionerate, Faridabad, regarding short payment of tax on Import of Services and wrong availment of Input Tax Credit (ITC). * The demand orders pertain to the period from August 2018 to March 2021. * The total tax and penalty for the first order amount to ₹1,86,48,848 each. * The total tax and penalty for the second order amount to ₹43,92,587 each. * The company is evaluating appropriate legal remedies. * The company believes there is no material impact on financials, operations, or other routine business activities; the impact will be limited to the extent of liability as per the Demand Order(s).
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Schneider Electric Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under taxation. 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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