Sterling Wilson GST Demand INR 53.40 Lakhs

Sterling and Wilson Renewable Energy received GST orders disallowing input tax credit, demanding tax and penalty of ~INR 53.40 Lakhs.
The demand covers two periods: April 2019–March 2020 and April 2020–March 2021, involving transactions with a specific vendor.
The company states no material impact on operations and is evaluating appropriate response steps.