Hitachi Energy India has received a GST demand order from the Assistant Commissioner (ST), Nandambakkam Assessment Circle, Chennai, totaling ₹2.5 lakh (including tax, interest, and penalty). The order stems from a GST audit for FY 2021-22, citing excess ITC reversal, ineligible ITC claims, and interest on ITC reversal. The company disputes the demand and plans to appeal.
GST Demand Details
Hitachi Energy India received an order on December 29, 2025, from the Assistant Commissioner (ST), Nandambakkam Assessment Circle, Chennai, following a GST audit for the financial year 2021-22. The order cites issues related to Input Tax Credit (ITC) claims.
Key Issues and Financial Impact
The GST Authority has raised concerns regarding:
- Excess ITC reversal reported in Form GSTR-09
- ITC claimed from cancelled dealers, return defaulters & tax non payers
- Interest on ITC reversed under Rule 37
The total demand amounts to ₹2,50,949.00, comprising:
- GST: ₹69,046.00
- Interest: ₹1,61,903.00
- Penalty: ₹20,000.00
Company Response
Hitachi Energy India maintains that the tax demand and penalty are unjustified and unsustainable. The company intends to file an appeal with the relevant appellate authority within the stipulated timeframe.
Source: BSE
