Date: September 29, 2026
Regulatory & Legal Disclosure Summary
GST Order Details
Order Specifics:
- Authority: Appellate Joint Commissioner (ST), Malkajgiri Division, Hyderabad, Telangana.
- Order Date: The disclosed appellate order is dated September 28, 2026 (APL 04 No. ZD360926066348S).
- Date of Receipt: September 28, 2026, at 16:51 Hrs.
- Financial Year Involved: 2020-21
- Nature of Order: The order confirms a demand related to the reversal of an alleged excess claim of Input Tax Credit (ITC).
Confirmed Monetary Demand:
- ITC Reversal Demand: ₹ 2,56,44,999/-
- CGST: ₹ 81,04,008/-
- SGST: ₹ 81,04,008/-
- IGST: ₹ 94,36,983/-
- Interest: ₹ 1,78,19,409/-
- Penalty: ₹ 25,64,500/-
- Total Disputed Amount: ₹ 4,60,28,908/-
Alleged Violation:
The order upholds an earlier order dated February 28, 2025, from the Original Authority. The allegation is an excess claim of ITC in GSTR-3B compared to GSTR-2A (specifically, excess ITC as per table 8D of GSTR-9) for FY 2020-21.
Company's Response & Impact Assessment
Financial & Operational Impact:
The company has explicitly stated that "There is no material impact on the Company financials or operations due to the said Order."
Next Steps:
The company has declared its intention to file an appeal against this order before the GST Appellate Tribunal.
Historical Context
This is a follow-up to a previous disclosure. The receipt of the original order from the Authority, dated February 28, 2025, was intimated to the stock exchanges vide the company's filing dated March 01, 2025.