Details of Regulatory Action
Authority: The Assistant Commissioner, Central Goods & Service Tax (CGST) Division, Shamli.
Order Date: 19th October, 2026
Date of Receipt: 19th October, 2026
Entity Affected: Shamli Sugar Unit (erstwhile Sir Shadi Lal Enterprises Ltd.), a subsidiary of Triveni Engineering & Industries Ltd.
Penalty Imposed: A total penalty of ₹22,92,399/- under both the Central Goods & Service Tax Act, 2017 and the Uttar Pradesh Goods & Service Tax Act, 2017.
Alleged Violation: The demand was confirmed based on the allegation that the company "issued tax invoice without actual supply of goods" during the financial years 2020-21 and 2021-22.
Company's Response and Impact
Financial/Operational Impact: The disclosure explicitly states "There is no impact on financial, operation or other activities of the Company."
Intended Action: The company has stated it intends to litigate and file an appeal before the commissioner against the said order.