Siemens has received a show cause notice on September 19, 2025, from the Joint Commissioner of Central GST & Excise, Vadodara, concerning GST amounting to ₹34,83,00,000. The notice relates to potential levies concerning the transfer and assignment of the company’s leasehold interest in property located in Halol, Gujarat. Siemens is currently reviewing the notice and will take appropriate action.
Show Cause Notice Details
On September 19, 2025, Siemens received a show cause notice from the Joint Commissioner of Central GST & Excise, Vadodara I Commissionerate. The notice addresses why Goods and Services Tax (GST) amounting to ₹34,83,00,000 should not be levied.
Subject of the Notice
The show cause notice pertains to the transfer and assignment of the company’s leasehold interest in property located in Halol, Gujarat.
Company Response
Siemens is currently reviewing the show cause notice and will take appropriate action. Further updates will be provided as and when required.
Timeline of Receipt
The Show Cause Notice was received around 11.30 a.m. on September 19, 2025. The company stated the delay in intimation is on account of time taken for completion of prima facie assessment of materiality.
Source: BSE
