Lumax Auto Technologies has announced the outcome of its first appeal concerning a Goods and Services Tax (GST) adjudication order. The appeal, filed against the order covering the period April 2019 to March 2020, has been partly allowed. The original demand, which included interest and penalty totaling Rs. 3.52 crore, has been substantially reduced to Rs. 1.03 crore. The company plans to challenge this modified order further before the appropriate Tribunal.
Update on GST Appeal Outcome
Lumax Auto Technologies Limited has informed the exchanges regarding the result of an appeal filed against an Adjudication Order dated July 19, 2024, issued by the Deputy Commissioner of State Tax, Maharashtra. This appeal concerned alleged violations under the Maharashtra GST Act and IGST Act for the period spanning April 2019 to March 2020.
Reduction in Tax Liability
The appeal was heard by the Joint Commissioner of State Tax, Appeals, Pune Division-2, who issued the Order-in-Appeal on February 18, 2026. The primary positive outcome is that the appeal was partly allowed.
- Original Demand (Including Interest & Penalty): Rs. 3,52,19,923/-
- Reduced Demand (Including Interest & Penalty): Rs. 1,03,78,580/-
This reduction represents a significant decrease in the overall financial exposure related to this specific tax demand.
Reason for Demand and Next Steps
The initial demand was raised due to allegations concerning tax not paid or short paid, erroneously refunded amounts, or input tax credit wrongly availed or utilized during the specified financial period.
Based on advice from tax advisors, the company confirms its intention to proceed with a further appeal against the Order-in-Appeal before the Hon’ble Tribunal within the prescribed timelines.
Source: BSE
