Key Quantitative Figures
- GST demand amount: ₹72.41 Crore (₹72,41,05,710)
- Specific claim: Inadmissible Input Tax Credit (ITC) availed and utilized by the company
Dates of Action
- Hearing date: 26th October, 2026 (today)
- GST notice received: Previously (exact date not specified)
- Next steps: IRCON to submit reply within 2 weeks; department to file counter within 4 weeks
Parties Involved
- Regulatory authority: Joint Audit Commissionerate, Commissioner CGST Dehradun
- Legal forum: High Court of Uttarakhand at Nainital
- Company representatives: Pratibha Aggarwal, Company Secretary & Compliance Officer
Brief Details of Litigation
Ircon International received a GST notice from the Joint Audit Commissionerate, Commissioner CGST Dehradun regarding inadmissible Input Tax Credit (ITC) of ₹72.41 Crore. The department's understanding is that IRCON availed and utilized inadmissible ITC on invoices of works contract services supplied by sub-contractors. The company has directly filed a Writ petition in the High Court of Uttarakhand at Nainital challenging this notice.
Current Status and Developments
The matter came up for hearing on 26th October 2026. The High Court has:
- Asked the GST department to file their counter in the matter within 4 weeks
- Directed IRCON to submit their reply to the show cause notice within 2 weeks
- Directed the GST authority not to pass any order until the next date of hearing
Expected Financial Implications
- Potential financial exposure: ₹72.41 Crore due to compensation, penalty, etc.
- The quantum of claims is specifically related to the GST demand amount
Additional Information
- The disclosure is signed by Pratibha Aggarwal, Company Secretary & Compliance Officer (Membership No: F8874)
- The company is classified as a Navratna Company (Government of India Undertaking)