Sterling and Wilson Renewable Energy Limited reports that an order has been issued regarding a shortfall of taxes by the Assistant Commissioner, CGST, Jaipur, Rajasthan. The order pertains to the period from April 2018 to March 2019, and aggregates to approximately INR 23.65 Lakhs, excluding penalty and applicable interest. The company is currently evaluating the order.
Tax Shortfall Order
Sterling and Wilson Renewable Energy Limited has received an order from the Assistant Commissioner, CGST, Jaipur, Rajasthan, concerning a shortfall of taxes. The order was issued on December 22, 2025, and officially received by the company on December 23, 2025.
Financial Details
The order relates to the period from April 2018 to March 2019. The total tax shortfall is approximately INR 23.65 Lakhs. This figure excludes any potential penalties and applicable interest. It is covered under an existing indemnity agreement.
Company Response
The company is currently evaluating the order and determining the appropriate course of action. This evaluation process is ongoing, with updates to follow as decisions are made regarding the matter.
Source: BSE
