SEDEMAC Mechatronics Limited submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Ltd regarding the outcome of GST proceedings. This disclosure serves as an update to their previous intimation dated May 22, 2026, regarding GST Show Cause Notices.
The company received final orders from the Commercial Taxes Department of Tamil Nadu via email dated September 08, 2026. The orders were issued under Section 73 of the CGST/SGST Act, 2017 for the financial years 2022-23 and 2023-24.
Detailed Financial Impact
Original GST Notices Received (May 20, 2026):
- FY 2022-2023: ₹83,67,448
- FY 2023-2024: ₹1,51,29,105
- Total Original Demand: ₹2,34,96,553
Final Orders Received (September 08, 2026):
- FY 2022-2023: Final demand of ₹40,036 (substantially reduced from original ₹83,67,448)
- FY 2023-2024: Entire notice dropped (original notice of ₹1,51,29,105)
- Total Final Liability: ₹40,036
The department had raised four allegations and observations for both financial years. For FY 2022-23, a reduced demand of ₹40,036 was levied against the original ₹83,67,448. All remaining allegations were dropped by the department, and the entire notice for FY 2023-24 was completely dropped.
The final orders were received in the form of DRC-07 documents. The authority issuing the order was the Deputy Commissioner (ST), DC Krishnagiri Assessment Circle, Krishnagiri Zone, Department of Tamil Nadu.
Additional Information
The company confirmed this intimation will be uploaded to their website at https://www.sedemac.com.