Schneider Electric Infrastructure Limited has received a demand order dated December 15, 2025, from the Office of Additional Commissioner, Vadodara-I, Vadodara, CBIC, Gujarat, concerning the excess claim of Input Tax Credit (ITC) and non-reversal of inadmissible/unclaimed ITC. The order relates to the financial year 2021-22. The company is currently evaluating appropriate legal remedies. There is no material impact on financials and routine business activities; the impact is limited to the order’s liability.
Details of Demand Order
Schneider Electric Infrastructure Limited announced the receipt of a demand order on December 15, 2025. The issuing authority is the Office of Additional Commissioner, Vadodara-I, Vadodara, CBIC, Gujarat.
Nature of the Action
The demand order pertains to the excess claim of Input Tax Credit (ITC) and the non-reversal of inadmissible or unclaimed ITC under Section 73(9) of the CGST Act, 2017, read with Section 20 of the IGST Act, 2017, for the financial year 2021-22.
Financial Implications
The total demand, including tax, penalty, and interest, amounts to:
ActTax (INR)Penalty (INR)Interest
IGST3,08,62,08230,86,207At appropriate rate on tax amount
CGST8,26,71082,671
SGST8,26,71082,671
Total3,25,15,50232,51,549
Company Response
The company stated that there is no material impact on the financials, operations or routine business activities. The impact will be limited to the extent of liability as per the Order. They are currently evaluating appropriate legal remedies.
Source: BSE
