Waaree Energies GST Demand Reduced, New Order Issued

Appellate authority reduced combined GST demands for FY2017-18 and FY2018-19 from ~₹12.98 crore to ~₹49.49 lakh.
New GST assessment order of ₹7,52,36,584 issued for ineligible ITC availed and non-cross-charging of common ITC.
Company states no financial or operational impact; plans to file an appeal against the new assessment order.