Craftsman Automation faces a tax demand of ₹962.89 lakhs, with a penalty of an equal amount, after an order by the Commissioner (Appeals), Gurugram. The demand relates to valuation of consideration for services from 2017-18 to 2023-24. The company maintains it has complied with all applicable GST requirements and will appeal the order.
Tax Assessment Update
Craftsman Automation received an order dated December 30, 2025 (received January 14, 2026) from the Commissioner (Appeals), Gurugram, upholding a tax demand. This follows an appeal by the company against an earlier order.
Financial Impact & Next Steps
The order confirms a tax demand of ₹962.89 lakhs and imposes a penalty of ₹962.89 lakhs. The issue concerns the valuation of consideration for certain services and related processes for the financial years 2017-18 to 2023-24. While the company states that it has consistently complied with GST regulations, it intends to file an appeal against the order.
Operational Outlook
Craftsman Automation does not anticipate any material impact on its financial condition, operations, or activities because of this order. The company is actively taking steps to challenge the assessment.
Source: BSE
