Craftsman Automation faces a tax demand of ₹962.89 lakhs, plus a penalty of the same amount, after an order by the Commissioner (Appeals), Gurugram, upheld an earlier ruling. The company received the order on January 14, 2026, and relates to valuation of consideration for certain services between 2017-18 and 2023-24. Craftsman Automation intends to appeal the order.
Tax Dispute Update
Craftsman Automation has received an order dated December 30, 2025, from the Commissioner (Appeals), Gurugram, which was received by the company on January 14, 2026. This order upholds a tax demand of ₹962.89 lakhs and imposes a penalty of an equal amount – ₹962.89 lakhs.
Details of the Issue
The issue stems from a disagreement over the valuation of consideration for specific services and related processes conducted by the company from 2017-18 to 2023-24.
Company’s Response
Craftsman Automation maintains that it has consistently complied with all applicable GST requirements. The company is actively preparing an appeal against the recent order. The company does not anticipate any material impact on its financials, operations, or other activities as a result of this order.
Source: BSE